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Part A - Board of Directors
§ 29–306.01. Requirement for and functions of board of directors - (a) Except as otherwise provided in § 29-305.42, each corporation...
§ 29–306.02. Qualifications of directors - The articles of incorporation or bylaws may prescribe qualifications for...
§ 29–306.03. Number and election of directors - (a) A board of directors shall consist of one or...
§ 29–306.04. Election of directors by certain classes of shareholders - If the articles of incorporation authorize dividing the shares into...
§ 29–306.05. Terms of directors generally - (a) The terms of the initial directors of a corporation...
§ 29–306.06. Staggered terms for directors - The articles of incorporation may provide for staggering the terms...
§ 29–306.07. Resignation of directors - (a) A director may resign at any time by delivering...
§ 29–306.08. Removal of directors by shareholders - (a) The shareholders may remove one or more directors with...
§ 29–306.09. Removal of directors by judicial proceeding - (a) The Superior Court may remove a director of the...
§ 29–306.10. Vacancy on board - (a) Unless the articles of incorporation provide otherwise, if a...
§ 29–306.11. Compensation of directors - Unless the articles of incorporation or bylaws provide otherwise, the...
Part B - Meetings and Action of the Board
§ 29–306.20. Meetings - (a) The board of directors may hold regular or special...
§ 29–306.21. Action without meeting - (a) Except to the extent that the articles of incorporation...
§ 29–306.22. Notice of meeting - (a) Unless the articles of incorporation or bylaws provide otherwise,...
§ 29–306.23. Waiver of notice - (a) A director may waive any notice required by this...
§ 29–306.24. Quorum and voting - (a) Unless the articles of incorporation or bylaws require a...
§ 29–306.25. Committees - (a) Unless this chapter, the articles of incorporation, or the...
Part C - Directors
§ 29–306.30. Standards of conduct for directors - (a) Each member of the board of directors, when discharging...
§ 29–306.31. Standards of liability for directors - (a) A director shall not be liable to the corporation...
§ 29–306.32. Directors’ liability for unlawful distributions - (a) A director who votes for or assents to a...
Part D - Officers
§ 29–306.40. Officers - (a) A corporation shall have the officers described in its...
§ 29–306.41. Functions of officers - Each officer has the authority to, and shall, perform: (1)...
§ 29–306.42. Standards of conduct for officers - (a) An officer, when performing in such capacity, shall have...
§ 29–306.43. Resignation and removal of officers - (a) An officer may resign at any time by delivering...
§ 29–306.44. Contract rights of officers - (a) The appointment of an officer shall not itself create...
Part E - Indemnification and Advance for Expenses
§ 29–306.50. Definitions - For the purposes of this part, the term: (1) “Corporation”...
§ 29–306.51. Permissible indemnification - (a) Except as otherwise provided in this section, a corporation...
§ 29–306.52. Mandatory indemnification - A corporation shall indemnify a director who was wholly successful,...
§ 29–306.53. Advance for expenses - (a) A corporation may, before final disposition of a proceeding,...
§ 29–306.54. Court-ordered indemnification and advance for expenses - (a) A director who is a party to a proceeding...
§ 29–306.55. Determination and authorization of indemnification - (a) A corporation shall not indemnify a director under §...
§ 29–306.56. Indemnification of officers - (a) A corporation may indemnify and advance expenses under this...
§ 29–306.57. Insurance - A corporation may purchase insurance on behalf of an individual...
§ 29–306.58. Variation by corporate action; application of part - (a) A corporation may, by a provision in its articles...
§ 29–306.59. Exclusivity of part - A corporation may provide indemnification or advance expenses to a...
Part F - Directors’ Conflicting Interest Transactions
§ 29–306.70. Definitions - For the purposes of this part, the term: (1) “Control”,...
§ 29–306.71. Judicial action - (a) A transaction effected or proposed to be effected by...
§ 29–306.72. Directors’ action - (a) Except as otherwise provided in subsection (b) of this...
§ 29–306.73. Shareholders’ action - (a) Shareholders’ action respecting a director’s conflicting interest transaction shall...
Part G - Business Opportunities
§ 29–306.80. Business opportunities - (a) A director’s taking advantage, directly or indirectly, of a...