Directors’ Acts Valid Despite Vacancy Clause Samples
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Directors’ Acts Valid Despite Vacancy. An act or proceeding of the directors is not invalid merely because fewer than the number of directors set or otherwise required under these Articles is in office.
Directors’ Acts Valid Despite Vacancy. 22 13.4 Qualifications of Directors 22 13.5 Remuneration of Directors 22 13.6 Reimbursement of Expenses of Directors 22