Number and Qualification of Directors. The authorized number of Directors shall be the number set forth in the corporation’s Articles of Incorporation until changed by a duly adopted amendment to the Articles of Incorporation. The Board of Directors may set the number of Directors of the corporation within the range provided in the corporation’s Articles of Incorporation.
Number and Qualification of Directors. The authorized number of directors shall be one (1) until changed by an amendment of the Articles of Incorporation or these Bylaws duly adopted by a vote or written consent of holders of a majority of the outstanding shares.
Number and Qualification of Directors. The authorized number of directors of the corporation shall be not less than two (2) nor more than seven (7), with the exact number of directors to be fixed, within the limits specified, by a resolution amending such exact number, duly adopted by the board or by the shareholders. Such maximum or minimum number of directors, or a fixed board to a variable board or vice-versa, may be changed only by a duly adopted amendment to the articles of incorpora tion or to these Bylaws by the affirmative vote or written consent of the holders of a majority of the outstanding shares entitled to vote (including separate class votes, if so required by the CCC or the articles of incorpora tion); provided, however, that a Bylaw or amendment to the articles of incorporation reducing the fixed number or the minimum number of directors to a number less than five cannot be adopted if the votes cast against its adoption at a meeting or the shares not consenting in the case of action by written consent are equal to more than 16-2/3% of the outstanding shares entitled to vote thereon. No reduction of the authorized number of directors shall have the effect of removing any director before that director's term of office expires.
Number and Qualification of Directors. The authorized number of directors shall be three (5) until changed by a duly adopted amendment to the articles of incorporation or by an amendment to this By-Law adopted by approval of the outstanding shares. In the event that the number of directors is, or at any time becomes, five (5) or more, then an amendment reducing the number of directors to a number less than five (5) cannot be adopted if the votes cast against its adoption at a meeting, or the shares not consenting in the case of action by written consent, are equal to more than sixteen and two-thirds percent (16-2/3%) of the outstanding shares entitled to vote.
Number and Qualification of Directors. The authorized number of directors shall be two (2) until changed by amendment of the Articles or by a bylaw duly adopted by approval of the outstanding shares amending this Section 2.
Number and Qualification of Directors. The initial number of Directors shall be five (5). The number of Directors may be expanded if other public entities join the Water Authority.
Number and Qualification of Directors. The number of directors that shall constitute the Board of Directors is fixed at four (4) members; provided, however, such number of directors may from time to time be increased or decreased by resolution of the Board of Directors to not less than one (1) nor more than seven (7) directors.
Number and Qualification of Directors. The authorized number of directors of the Corporation shall not be less than one nor more than nine until changed by a duly adopted amendment to the Articles of Incorporation or by an amendment to this Section 2 of Article II of these Bylaws or, without amendment of these Bylaws, the number of directors may be fixed or changed by resolution adopted by the vote of the majority of the directors in office or by the vote of holders of shares representing a majority of the voting power at any annual meeting, or any special meeting called for such purpose; but no reduction of the number of directors shall of itself have the effect of removing any director prior to the expiration of his or her term.
Number and Qualification of Directors. Except for the first Board of Directors and unless otherwise decided at the First Annual Meeting, the affairs of the Association shall be governed by a Board of three (3) Directors all of whom must be Co-owners of the Association. Directors shall serve without compensation.
Number and Qualification of Directors. The number and qualifications of directors constituting the Board of Directors of the Corporation will be fixed and determined in the manner provided in the Bylaws of the Corporation. The number of directors may be increased or decreased from time to time in the manner set forth in the Bylaws of the Corporation and herein.
