§ 302 Director Removal For Felony

• •If a director is found by a court to be mentally unfit, they can be removed from their position.
• •If a director is convicted of a serious crime (felony), they can be removed from their position.
• •The decision to remove them is made by the board.

A director of a company is convicted of stealing a large amount of money.

Because stealing a large amount of money is a serious crime, the board can decide to remove this director from their position.