Section 504.806 - Staggered terms for directors.

IA Code § 504.806 (2019) (N/A)
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504.806 Staggered terms for directors.

The articles or bylaws of a corporation may provide for staggering the terms of directors by dividing the total number of directors into groups. The terms of the several groups need not be uniform.

2004 Acts, ch 1049, §77, 192