48-2382. Election where number of members of board increased
A. If an order is made increasing the number of members of the board of directors and the date on which the order is made is at least sixty days prior to the first Wednesday of October of the same calendar year, an election shall be held on the first Wednesday in October, but if the date on which the order is made is less than sixty days prior to the first Wednesday in October of the same calendar year, the election shall be held on the first Wednesday in October of the next succeeding calendar year.
B. At the election there shall be elected the number of directors necessary to conform the membership of the board of directors to the number provided by the order increasing the membership. No change in the number of members of the board of directors nor in the number of divisions in the district shall affect the term of office of the members constituting the board of directors at the time the order is made, and such members shall continue in office for the full term for which they were elected. The person receiving the highest number of votes for the offices to be filled at an election shall be declared elected thereto.
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.