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§31D-8-801. Requirement for and Duties of Board of Directors - §31D-8-801. Requirement for and duties of board of directors. (a)...
§31D-8-802. Qualifications of Directors - The articles of incorporation or bylaws may prescribe qualifications for...
§31D-8-803. Number and Election of Directors - (a) A board of directors must consist of one or...
§31D-8-804. Election of Directors by Certain Classes of Shareholders - If the articles of incorporation authorize dividing the shares into...
§31D-8-805. Terms of Directors Generally - (a) The terms of the initial directors of a corporation...
§31D-8-806. Staggered Terms for Directors - If there are nine or more directors, the articles of...
§31D-8-807. Resignation of Directors - (a) A director may resign at any time by delivering...
§31D-8-808. Removal of Directors by Shareholders - (a) The shareholders may remove one or more directors with...
§31D-8-809. Removal of Directors by Judicial Proceeding - (a) The circuit court may remove a director of the...
§31D-8-810. Vacancy on Board - (a) Unless the articles of incorporation provide otherwise, if a...
§31D-8-811. Compensation of Directors - Unless the articles of incorporation or bylaws provide otherwise, the...
§31D-8-820. Meetings - §31D-8-820. Meetings. (a) The board of directors may hold regular...
§31D-8-821. Action Without Meeting - (a) Unless the articles of incorporation or bylaws provide otherwise,...
§31D-8-822. Notice of Meeting - (a) Unless the articles of incorporation or bylaws provide otherwise,...
§31D-8-823. Waiver of Notice - (a) A director may waive any notice required by this...
§31D-8-824. Quorum and Voting - (a) Unless the articles of incorporation or bylaws require a...
§31D-8-825. Committees - (a) Unless the articles of incorporation or bylaws provide otherwise,...
§31D-8-830. Standard of Conduct for Directors - §31D-8-830. Standard of conduct for directors. (a) Each member of...
§31D-8-831. Standards of Liability for Directors - (a) A director is not liable to the corporation or...
§31D-8-833. Directors' Liability for Unlawful Distributions - (a) A director who votes for or assents to a...
§31D-8-840. Required Officers - §31D-8-840. Required officers. (a) A corporation has the officers described...
§31D-8-841. Duties of Officers - Each officer has the authority and shall perform the duties...
§31D-8-842. Standards of Conduct for Officers - (a) An officer, when performing in his or her official...
§31D-8-842a. Standards of Liability for Officers - (a) An officer is not liable to the corporation or...
§31D-8-843. Resignation and Removal of Officers - (a) An officer may resign at any time by delivering...
§31D-8-844. Contract Rights of Officers - (a) The appointment of an officer does not itself create...
§31D-8-850. Part Definitions - §31D-8-850. Part definitions. In this part: (1) "Corporation" includes any...
§31D-8-851. Permissible Indemnification - (a) Except as otherwise provided in this section, a corporation...
§31D-8-852. Mandatory Indemnification - A corporation must indemnify a director who was wholly successful,...
§31D-8-853. Advance for Expenses - (a) A corporation may, before final disposition of a proceeding,...
§31D-8-854. Circuit Court-Ordered Indemnification and Advance for Expenses - (a) A director who is a party to a proceeding...
§31D-8-855. Determination and Authorization of Indemnification - (a) A corporation may not indemnify a director under section...
§31D-8-856. Indemnification of Officers - (a) A corporation may indemnify and advance expenses under this...
§31D-8-857. Insurance - A corporation may purchase and maintain insurance on behalf of...
§31D-8-858. Variation by Corporate Action; Application of Part - (a) A corporation may, by a provision in its articles...
§31D-8-859. Exclusivity of Part - A corporation may provide indemnification or advance expenses to a...
§31D-8-860. Directors' Conflicting Interest Transactions - §31D-8-860. Directors' conflicting interest transactions. (a) No contract or transaction...