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California Corporations Code

§ 13250

CORP § 13250Div. 3 · Title 1 · Part 3 · Ch. 2 · Art. 3
The by-laws may provide that directors shall be elected for terms of from one to five years; provided, that at each annual election the same fraction of the total number of directors shall be elected as one year bears to the number of years of the term of office.

Legislative history

Added by Stats. 1953, Ch. 207.

Source: California Corporations Code § 13250 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.