California Corporations Code 5075 – “Vacancy” when used with respect to the board means any authorized …
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“Vacancy” when used with respect to the board means any authorized position of director which is not then filled, whether the vacancy is caused by death, resignation, removal, change in the number of directors authorized in the articles or bylaws (by the board or the members) or otherwise.
(Amended by Stats. 1979, Ch. 724.)
Terms Used In California Corporations Code 5075
- directors: means natural persons, designated in the articles or bylaws or elected by the incorporators, and their successors and natural persons designated, elected, or appointed by any other name or title to act as members of the governing body of the corporation. See California Corporations Code 5047