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Section 362.260 Vacancies in board of directors.

MO Rev Stat § 362.260 (2019) (N/A)
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Effective 28 Aug 1939

362.260. Vacancies in board of directors. — 1. All vacancies in the office of directors shall be filled by election by the stockholders except as herein provided.

2. Vacancies not exceeding one-third of the whole number of the board may be filled by the affirmative vote of a majority of the directors then in office, and the directors so elected may hold office until such vacancies are filled by the stockholders at a special or annual meeting.

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(RSMo 1939 § 7961)

Prior revisions: 1929 § 5366; 1919 § 11749

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Section 362.255 Tenure of office of directors.
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Section 362.265 Change of number of directors.