{"data":{"id":"us-mn/minn.-stat.-302a.207","jurisdiction":"us-mn","citation":"Minn. Stat. § 302A.207","heading":"TERMS.","body":"Unless fixed terms are provided for in the articles or bylaws, a director serves for an indefinite term that expires at the next regular meeting of the shareholders. A fixed term of a director shall not exceed five years. A director holds office for the term for which the director was elected and until a successor is elected and has qualified, or until the earlier death, resignation, removal, or disqualification of the director.","path":["BUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS","CHAPTER 302A. BUSINESS CORPORATIONS","BOARD"],"source_url":"https://www.revisor.mn.gov/statutes/cite/302A.207","current_through":"2025 Minnesota Statutes","vintage":"","retrieved_at":"2026-09-02T22:10:41Z","sha256":"5533cd4000cde50c65d8c8c0af36f67379c3c0a05fb4e61e9240c19d9f94addb","source_id":"us-mn","stale":false,"prev":"us-mn/minn.-stat.-302a.205","next":"us-mn/minn.-stat.-302a.209"},"notice":"GroundRules: Original legal text. Not legal advice."}