Section 3-409 - Vacancies.
§ 3-409. Vacancies.
The board of directors of a commercial bank may fill any vacancy on the board by electing an individual to serve until the next annual meeting of the stockholders and until a successor is elected and qualifies.
[CA §§ 6-127, 6-148; 1980, ch. 33, § 2; 2008, ch. 89.]