A majority of the stockholders shall have the power at any regular or special stockholders' meeting, legally called, to remove any director or officer for cause, and fill the vacancy, and thereupon the director or officer so removed, shall cease to be a director or officer of said corporation.
[SS15, § 1641-r5; C24, 27, 31, 35, 39, § 8464; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 497.6]
Previous Section 497.5
Next Section 497.7
© 2001 Cornell College and League of Women Voters of Iowa
Comments about this site or page?
webmaster@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.
Last update: Mon Jan 22 17:13:42 CST 2001
URL: /DOCS/IACODE/2001/497/6.html
jhf