Alaska Statutes 10.06.458 – Declaration of board vacancy where director of unsound mind
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Terms Used In Alaska Statutes 10.06.458
- board: means the board of directors of a domestic or foreign corporation. See Alaska Statutes 10.06.990
- director: means a natural person designated in the articles of incorporation or elected by the incorporators as a director and includes a natural person and successor of that person designated, elected, or appointed by any other name or title to act as a director. See Alaska Statutes 10.06.990
The board may declare vacant the office of a director who has been declared of unsound mind by a court order.