15-3-128. REMOVAL OF ELECTED DIRECTORS.

  1. The members may vote to remove one or more directors with or without cause.
  2. If a director is elected by a voting group of members, only the members of that voting group may participate in the vote to remove him.
  3. A director may be removed by the members only at a meeting called for that purpose and the meeting notice must state that the purpose, or one of the purposes, of the meeting is removal of the director.
  4. An entire board of directors may be removed under subsections (a) - (c).
  5. The board of directors of a corporation may, without cause, remove a director who has been elected by the board by the vote f a two-thirds of the directors then in office or such greater numbers as is set forth in the articles or bylaws.
  6. If at the beginning of a director’s term on the board, the articles or bylaws provide that the director may be removed for missing a specified number of board meetings, the board may remove the director for failing to attend the specified number of meetings. The director may be removed only of a majority of the directors then in office vote for the removal.
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