Missouri Laws 355.351 – Removal of appointed directors
Current as of: 2023 | Check for updates
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1. A director may be removed by an amendment to the articles or bylaws deleting or changing the designation.
2. Appointed directors:
Terms Used In Missouri Laws 355.351
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- articles: amended and restated articles of incorporation and articles of merger. See Missouri Laws 355.066
- Bylaws: the code or codes of rules, other than the articles, adopted pursuant to this chapter for the regulation or management of the affairs of the corporation, irrespective of the name or names by which such rules are designated. See Missouri Laws 355.066
- Directors: individuals, designated in the articles or bylaws or elected by the incorporator or incorporators, and their successors and individuals elected or appointed by any other name or title to act as members of the board. See Missouri Laws 355.066
- Person: includes any individual or entity. See Missouri Laws 355.066
- Presiding officer: A majority-party Senator who presides over the Senate and is charged with maintaining order and decorum, recognizing Members to speak, and interpreting the Senate's rules, practices and precedents.
- Secretary: the corporate officer to whom the board of directors has delegated responsibility pursuant to subsection 2 of section 355. See Missouri Laws 355.066
(1) Except as otherwise provided in the articles or bylaws, an appointed director may be removed without cause by the person appointing the director;
(2) The person removing the director shall do so by giving written notice of the removal to the director and either the presiding officer of the board or the corporation‘s president or secretary;
(3) A removal is effective when the notice is delivered unless the notice specifies a future effective date.