273.213 Vacancies.
108 words·~1 min read·
/ky/chapter-273/273-213A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)Any vacancy occurring in the board of directors and any directorship to be filled by
reason of an increase in the number of directors may be filled by the affirmative
vote of a majority of the remaining directors, though less than a quorum of the
board of directors, unless the articles of incorporation or the bylaws provide that a
vacancy or directorship so created shall be filled in some other manner, in which
case such provision shall control.
(2)A director elected or appointed, as the case may be, to fill a vacancy shall be elected
or appointed for the unexpired term of his predecessor in office.