§ 3-409. Vacancies

Latest version.

The board of directors of a commercial bank may fill any vacancy on the board by electing an individual to serve until the next annual meeting of the stockholders and until a successor is elected and qualifies.

HISTORY: CA § 6-127, 6-148; 1980, ch. 33, § 2; 2008, ch. 89.

                    
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