Iowa Code § 524.603: Vacancies.
Where this section sits in the code
- Title XIII - COMMERCE (Ch. 505 - 554I)
- Chapter 524 - BANKS
- Subchapter VI - DIRECTORS
Unless otherwise provided in the articles of incorporation, the bylaws, or by action of the shareholders, any vacancy occurring in the board of directors may be filled by the affirmative vote of the majority of the directors then in office, even if less than a quorum of the board of directors. A director so elected shall be elected for the unexpired term of the director’s predecessor in office.
Collected 2026-09-14T19:40:14Z. Source file · JSON