2009 Iowa Code
Title 12 - Business Entities
Subtitle 2 - Business and Professional Corporations and Companies
CHAPTER 490 - BUSINESS CORPORATIONS
490.803 - NUMBER AND ELECTION OF DIRECTORS.

        490.803  NUMBER AND ELECTION OF DIRECTORS.
         1.  A board of directors must consist of one or more individuals,
      with the number specified in or fixed in accordance with the articles
      of incorporation or bylaws.
         2.  The number of directors may be increased or decreased from
      time to time by amendment to, or in the manner provided in, the
      articles of incorporation or the bylaws.
         3.  Directors are elected at the first annual shareholders'
      meeting and at each annual meeting thereafter unless their terms are
      staggered under section 490.806.  
         Section History: Recent Form
         89 Acts, ch 288, §74; 91 Acts, ch 211, §5; 2002 Acts, ch 1154,
      §32, 125

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