351.317. Directors of corporations, removal of, when, how.
110 words·~1 min read·
/mo/chapter-351/351-317A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
351.317. Directors of corporations, removal of, when, how. — Any director of the corporation may be removed for cause by action of a majority of the entire board of directors if the director to be removed shall, at the time of removal, fail to meet the qualifications stated in the articles of incorporation or bylaws for election as a director or shall be in breach of any agreement between such director and the corporation relating to such director's services as a director or employee of the corporation. Notice of the proposed removal shall be given to all directors of the corporation prior to action thereon.
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(L. 1983 S.B. 367)