§ 55A-8-06. Staggered terms for directors.

§55A‑8‑06.  Staggered terms for directors.

The articles of incorporationor bylaws may provide for staggering the terms of directors by dividing thetotal number of directors into groups.  The terms of office of the severalgroups need not be uniform. (1955, c. 1230; 1973, c. 192,ss. 1, 2; 1985 (Reg. Sess., 1986), c. 801, ss. 19‑21; 1993, c. 398, s.1.)