§ 809.
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/vt/809A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 809. Vacancy on board
(a)Unless the organic rules otherwise provide, a vacancy on the board of directors shall be filled:
(1)notwithstanding subdivision 804(a)(2) and subsection 804(b) of this title, within a reasonable time by majority vote of the remaining directors until the next annual members’ meeting or a special meeting of members called to fill the vacancy; and
(2)for the unexpired term by members at the next annual members’ meeting or a special meeting of members called to fill the vacancy.
(b)Unless the organic rules otherwise provide, if a vacating director was elected or appointed by a class of members or a district:
(1)the new director shall be of that class or district; and
(2)the selection of the director for the unexpired term shall be conducted in the same manner as would the selection for that position without a vacancy.
(c)If a member appointed a vacating director, the organic rules may provide for that member to appoint a director to fill the vacancy. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)