§414D-115  Other methods of electing
directors.  (a)  A corporation may provide in its articles or bylaws for
the election of directors by members or delegates:



(1)  On the basis of chapter or other organizational
unit;



(2)  By region or other geographic unit;



(3)  By preferential voting; or



(4)  By any other reasonable method.



(b)  Where directors or officers are to be
elected by members, the bylaws or board of directors may allow the election to
be conducted by mail if no less than two thousand five hundred members are
eligible to vote on the record date determined pursuant to section 414D-107,
and the primary purpose of the corporation is the management of a planned
community as defined in section 421J-2.  Except for the corporations described
in this subsection, the election of directors may be conducted by mail only if
so provided in a corporation's bylaws or articles of incorporation. [L 2001, c
105, pt of §1; am L 2002, c 130, §51; am L 2003, c 87, §1]