Article8. Directors and Officers  


Part 1. Board of Directors
§ 55-8-01. Requirement for and duties of board of directors
§ 55-8-02. Qualifications of directors
§ 55-8-03. Number and election of directors
§ 55-8-04. Election of directors by certain classes of shareholders
§ 55-8-05. Terms of directors generally
§ 55-8-06. Staggered terms for directors
§ 55-8-07. Resignation of directors
§ 55-8-08. Removal of directors by shareholders
§ 55-8-09. Removal of directors by judicial proceeding
§ 55-8-10. Vacancy on board
§ 55-8-11. Compensation of directors
§§ 55-8-12 through 55-8-19. Reserved for future codification purposes
Part 2. Meetings and Action of the Board
§ 55-8-20. Meetings
§ 55-8-21. Action without meeting
§ 55-8-22. Notice of meeting
§ 55-8-23. Waiver of notice
§ 55-8-24. Quorum and voting
§ 55-8-25. Committees
§ 55-8-26. Submission of matters for shareholder vote
§ 55-8-27. Reserved for future codification purposes
§ 55-8-28. Reserved for future codification purposes
§ 55-8-29. Reserved for future codification purposes
Part 3. Standards of Conduct
§ 55-8-30. General standards for directors
§ 55-8-31. Director conflict of interest
§ 55-8-32. Loans to directors
§ 55-8-33. Liability for unlawful distributions
§§ 55-8-34 through 55-8-39. Reserved for future codification purposes
Part 4. Officers
§ 55-8-40. Officers
§ 55-8-41. Duties of officers
§ 55-8-42. Standards of conduct for officers
§ 55-8-43. Resignation and removal of officers
§ 55-8-44. Contract rights of officers
§§ 55-8-45 through 55-8-49. Reserved for future codification purposes
Part 5. Indemnification
§ 55-8-50. Policy statement and definitions
§ 55-8-51. Authority to indemnify
§ 55-8-52. Mandatory indemnification
§ 55-8-53. Advance for expenses
§ 55-8-54. Court-ordered indemnification
§ 55-8-55. Determination and authorization of indemnification
§ 55-8-56. Indemnification of officers, employees, and agents
§ 55-8-57. Additional indemnification and insurance
§ 55-8-58. Application of Part