504A.17  Board of directors.

The affairs of a corporation shall be managed by a board of one or more directors. Directors need not be residents of this state or members of the corporation unless the articles of incorporation so require. The articles of incorporation or the bylaws may prescribe other qualifications for directors.

Section History: Early form

  [C66, 71, 73, 75, 77, 79, 81, § 504A.17]

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