§ 6-326. Directors -- Vacancy or removal; filling vacancy

   (a) Vacancy. -- The office of a director becomes vacant if the director:

   (1) Dies;

   (2) Resigns; or

   (3) Is removed.

(b) Removal. -- A director may be removed from office:

   (1) By the board, in accordance with the bylaws, if the director:

      (i) Does not possess or maintain the qualifications required to serve on the board; or

      (ii) Is absent from three consecutive regular meetings of the board unless excused; or

   (2) By the members.

(c) Majority of vote. --

   (1) Unless the bylaws provide otherwise, the remaining directors by majority vote shall fill a vacancy.

   (2) A director elected by the board to fill a vacancy holds office as the bylaws provide.

HISTORY: 2001, ch. 147, § 1; ch. 148, § 1.