Effective: April 10, 2001
Latest Legislation: House Bill 597 - 123rd General Assembly
(A) Unless the articles or the regulations provide for a different term, each director shall hold office until the next annual meeting of voting members and until the director's successor is elected, or until the director's earlier resignation, removal from office, or death.
(B) The articles or the regulations may provide for the classification of directors into classes and that the terms of office of the several classes need not be uniform.