RCW 23B.08.030
Number and election of directors.
(1) A board of directors must consist of one or more individuals.
(2) Unless the articles of incorporation under RCW 23B.08.010 or an agreement among the shareholders under RCW 23B.07.320 dispense with a board of directors, the articles of incorporation or bylaws must either specify the number of directors or specify the process by which the number of directors will be fixed.
(3) Directors are elected at the first annual shareholders' meeting and at each annual meeting thereafter unless (a) their terms are staggered under RCW 23B.08.060, or (b) their terms are otherwise governed by RCW 23B.05.050. Directors also may be elected by execution of a shareholder consent under RCW 23B.07.040.
[ 2020 c 194 § 7; 2009 c 189 § 23; 2007 c 467 § 1; 2002 c 297 § 27; 1994 c 256 § 29; 1989 c 165 § 82.]
NOTES:
Findings—Construction—1994 c 256: See RCW 43.320.007.
Structure Revised Code of Washington
Title 23B - Washington Business Corporation Act
Chapter 23B.08 - Directors and Officers.
23B.08.010 - Requirement for and duties of board of directors.
23B.08.020 - Qualifications of directors.
23B.08.030 - Number and election of directors.
23B.08.040 - Election of directors by certain classes or series of shares.
23B.08.050 - Terms of directors—Generally.
23B.08.060 - Staggered terms for directors.
23B.08.070 - Resignation of directors.
23B.08.080 - Removal of directors by shareholders.
23B.08.090 - Removal of directors by judicial proceeding.
23B.08.100 - Vacancy on board of directors.
23B.08.110 - Compensation of directors.
23B.08.200 - Regular or special meetings of the board.
23B.08.210 - Corporate action without meeting.
23B.08.220 - Notice of meeting.
23B.08.230 - Waiver of notice.
23B.08.240 - Quorum and voting.
23B.08.245 - Corporate action—Vote of shareholders.
23B.08.300 - General standards for directors.
23B.08.310 - Liability for unlawful distributions.
23B.08.320 - Limitation on liability of directors.
23B.08.410 - Duties of officers.
23B.08.420 - Standards of conduct for officers.
23B.08.430 - Resignation and removal of officers.
23B.08.440 - Contract rights of officers.
23B.08.500 - Indemnification definitions.
23B.08.510 - Authority to indemnify.
23B.08.520 - Mandatory indemnification.
23B.08.530 - Advance for expenses.
23B.08.540 - Court-ordered indemnification.
23B.08.550 - Determination and authorization of indemnification.
23B.08.560 - Shareholder authorized indemnification and advancement of expenses.
23B.08.570 - Indemnification of officers, employees, and agents.
23B.08.590 - Validity of indemnification or advance for expenses.
23B.08.600 - Report to shareholders.
23B.08.603 - Indemnification or advance for expenses—Later amendment or repeal of subject provision.
23B.08.720 - Directors' action.
23B.08.730 - Shareholders' action.
23B.08.735 - Pursuit of business opportunities—Duty to corporation.
23B.08.900 - Construction—Chapter applicable to state registered domestic partnerships—2009 c 521.