350-1980-3 Part 3 (550.1301...550.1313)

350-1980-3 Part 3 (550.1301...550.1313)

Section 550.1301 Board of Directors; Powers and Duties Generally; Appointment, Qualifications, and Terms of Members; Vacancy; Officer or Employee as Voting or Nonvoting Director; Method of Selection; Definitions; Prohibition.
Section 550.1302 Bylaws Generally.
Section 550.1303 Meetings; Required Provisions in Bylaws; Notice; Waiver; Participation by Conference Telephone or Similar Communications Equipment; Quorum; Action by Board; Actions Requiring Majority Vote; Record Roll Call Vote; Recording Vote in Minutes.
Section 550.1304 Books, Records, and Minutes; Copy of Minutes; Disclosure, Publication, and Dissemination of Minutes; Compelling Production of Books or Records.
Section 550.1305 Establishment and Composition of Corporate Body; Service of Members on Committees; Membership on Board of Directors.
Section 550.1306 Effect of Common Directorship, Officership, or Interest on Validity of Contract or Other Transaction; Burden of Establishing Validity of Contract; Exclusion of Common or Interested Directors in Determination of Quorum; Compensation of Directors; Bylaws Regarding Conflict of Interest.
Section 550.1307 Advisory Councils; Committees of Board of Directors; Bylaws Regarding Membership and Emergency Meetings and Actions.
Section 550.1308 Committees of Board of Directors; Powers and Authority; Prohibited Activities; Emergency Actions.
Section 550.1309 Officers and Assistants; Selection; Restriction; Authority and Duties; Removal; Contractual Rights; Bond; Vacancies; Compensation; Pension.
Section 550.1310 Fiduciary Duties; Scope and Manner of Discharge; Removal of Director for Breach of Fiduciary Duty; Notice and Hearing.
Section 550.1311 Liability for Misapplication or Misuse of Corporate Money or Property.
Section 550.1312 Action for Failure to Perform Duties; Commencement.
Section 550.1313 False Statement as Misdemeanor; Liability for False Statement or Report; Commencement of Action for Civil Liability.

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