Section 10.15.360. Organizational meeting of directors.


Latest version.
  • After the issuance of the certificate of incorporation an organizational meeting of the board of directors named in the articles shall be held, either inside or outside the state, at the call of a majority of the incorporators for the purpose of adopting bylaws, electing officers and transacting such other business as may come before the meeting.

Notes


History

(Sec. 40 ch 107 SLA 1959)