501A.704 - FILLING VACANCIES.

        501A.704  FILLING VACANCIES.         1.  Patron directors.  If a patron member director's position      becomes vacant or a new director position is created for a director      that was or is to be elected by patron members, the board, in      consultation with the directors elected by patron members, shall      appoint a patron member of the cooperative to fill the director's      position until the next regular or special members' meeting.  If      there are no directors elected by patron members on the board at the      time of the vacancy, a special patron members' meeting shall be      called to fill the patron member director vacancy.         2.  Nonpatron directors.  If the vacating director was not      elected by the patron members or a new director position is created,      unless otherwise provided in the articles or bylaws, the board shall      appoint a director to fill the vacant position by majority vote of      the remaining or then serving directors even though less than a      quorum.  At the next regular or special members' meeting, the members      or patron members shall elect a director to fill the unexpired term      of the vacant director's position.  
         Section History: Recent Form
         2005 Acts, ch 135, §38