31A-9-405 - Board of directors.
31A-9-405. Board of directors.
(1) Sections 16-6a-801 and 16-6a-802 apply to fraternals, except that the supremegoverning body may act as the board of directors if it meets at least quarterly. Subsections31A-5-407(2) through (9) apply to fraternals, except that the word "mutual" shall be read"fraternal" and the references to other sections of Chapter 5 shall be to the corresponding sectionsof Chapter 9.
(2) The terms of directors and officers may not exceed four years.
Amended by Chapter 300, 2000 General Session