State Codes and Statutes

Statutes > Minnesota > 300-319B > 317A > 317A_213

317A.213 CLASSIFICATION OF DIRECTORS.

(a) Except as provided in paragraph (b), directors may be divided into classes.

(b) Directors of a corporation described in section 317A.811, subdivision 1, may not vote by class except when the articles or bylaws provide that only one class of directors may vote on a particular matter.

History:

1989 c 304 s 33; 1990 c 488 s 17

State Codes and Statutes

Statutes > Minnesota > 300-319B > 317A > 317A_213

317A.213 CLASSIFICATION OF DIRECTORS.

(a) Except as provided in paragraph (b), directors may be divided into classes.

(b) Directors of a corporation described in section 317A.811, subdivision 1, may not vote by class except when the articles or bylaws provide that only one class of directors may vote on a particular matter.

History:

1989 c 304 s 33; 1990 c 488 s 17


State Codes and Statutes

State Codes and Statutes

Statutes > Minnesota > 300-319B > 317A > 317A_213

317A.213 CLASSIFICATION OF DIRECTORS.

(a) Except as provided in paragraph (b), directors may be divided into classes.

(b) Directors of a corporation described in section 317A.811, subdivision 1, may not vote by class except when the articles or bylaws provide that only one class of directors may vote on a particular matter.

History:

1989 c 304 s 33; 1990 c 488 s 17