§ 101102 Director Term Lengths
This rule says that, except for the very first board members, each director serves a four‑year term that starts at noon on the first Monday after January 1 and ends when the next director is officially appointed and ready to serve.
Jane is elected to the board in 2024. Her term begins at noon on the first Monday after Jan 1, 2025, and will run for four years.
Jane will stay a director until the new person who is chosen to replace her is officially appointed and qualified, which could be a little after the exact four‑year mark.
AI-generated — May contain errors. Not legal advice. Always verify source.
§ 101102 Director Term Lengths
Last verified: January 11, 2026