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Part 1 - Board of Directors
§ 7-108-101. Requirement for Board of Directors - Source: L. 93: Entire article added, p. 778, § 1,...
§ 7-108-102. Qualifications of Directors - A director shall be an individual who is eighteen years...
§ 7-108-103. Number and Election of Directors - Source: L. 93: Entire article added, p. 778, § 1,...
§ 7-108-104. Election of Directors by Certain Classes of Shareholders - If the articles of incorporation authorize dividing the shares of...
§ 7-108-105. Terms of Directors Generally - Source: L. 93: Entire article added, p. 779, § 1,...
§ 7-108-106. Staggered Terms for Directors - The articles of incorporation may provide for staggering the terms...
§ 7-108-107. Resignation of Directors - Source: L. 93: Entire article added, p. 780, § 1,...
§ 7-108-108. Removal of Directors by Shareholders - Source: L. 93: Entire article added, p. 780, § 1,...
§ 7-108-109. Removal of Directors by Judicial Proceeding - Source: L. 93: Entire article added, p. 780, § 1,...
§ 7-108-110. Vacancy on Board - Source: L. 93: Entire article added, p. 781, § 1,...
§ 7-108-111. Compensation of Directors - Unless otherwise provided in the bylaws, the board of directors...
Part 2 - Meetings and Action of the Directors
§ 7-108-201. Meetings - Source: L. 93: Entire article added, p. 782, § 1,...
§ 7-108-202. Action Without Meeting - Source: L. 93: Entire article added, p. 782, § 1,...
§ 7-108-203. Notice of Meeting - Source: L. 93: Entire article added, p. 782, § 1,...
§ 7-108-204. Waiver of Notice - Source: L. 93: Entire article added, p. 782, § 1,...
§ 7-108-205. Quorum and Voting - Source: L. 93: Entire article added, p. 783, § 1,...
§ 7-108-206. Committees - Source: L. 93: Entire article added, p. 784, § 1,...
Part 3 - Officers
§ 7-108-301. Officers - Source: L. 93: Entire article added, p. 785, § 1,...
§ 7-108-302. Duties of Officers - Each officer shall have the authority and shall perform the...
§ 7-108-303. Resignation and Removal of Officers - Source: L. 93: Entire article added, p. 785, § 1,...
§ 7-108-304. Contract Rights With Respect to Officers - Source: L. 93: Entire article added, p. 786, § 1,...
Part 4 - Standards of Conduct
§ 7-108-401. General Standards of Conduct for Directors and Officers - Source: L. 2019: Entire part amended with relocations, (SB 19-086),...
§ 7-108-402. Standards of Liabilities for Directors - Source: L. 2019: Entire part amended with relocations, (SB 19-086),...
§ 7-108-403. Limitation of Certain Liabilities of Directors and Officers - A director or officer is not personally liable for any...
§ 7-108-404. Limitation of Certain Remedies - Definition - Source: L. 2019: Entire part amended with relocations, (SB 19-086),...
§ 7-108-405. Liability of Directors for Unlawful Distributions - Source: L. 2019: Entire part amended with relocations, (SB 19-086),...
Part 5 - Director - Conflicts of Interest
§ 7-108-501. Conflicting Interest Transaction - Definition - Source: L. 93: Entire article added, p. 788, § 1,...