There is a newer version
of
this Section
2020 Wisconsin Statutes & Annotations
Chapter 180. Business corporations.
180.0805 Terms of directors generally.
Universal Citation: WI Stat § 180.0805 (2020)
180.0805 Terms of directors generally.
(1) The terms of the directors of a corporation, including the initial directors, expire at the next annual shareholders' meeting unless their terms are staggered under s. 180.0806.
(2) A decrease in the number of directors may not shorten an incumbent director's term.
(3) Despite the expiration of a director's term, the director shall continue to serve, subject to ss. 180.0807, 180.0808 and 180.0809, until his or her successor is elected and, if necessary, qualifies or until there is a decrease in the number of directors.
History: 1989 a. 303.
Disclaimer: These codes may not be the most recent version. Wisconsin may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
