Minn. Stat. § 317A.311

Current through Register Vol. 49, No. 8, August 19, 2024
Section 317A.311 - OTHER OFFICERS

Except to the extent that the articles or bylaws provide that the members may exercise the powers under this section, the board may elect or appoint, in a manner set forth in the articles or bylaws or in a resolution adopted by the board, other officers the board considers necessary for the operation and management of the corporation, each of whom has the powers, rights, duties, responsibilities, and terms in office provided for in the articles or bylaws or determined by the board. Unless reserved to the members with voting rights, to the extent authorized in the articles, the bylaws, or a resolution approved by the affirmative vote of a majority of the directors present, the president may appoint one or more officers, other than the treasurer.

Minn. Stat. § 317A.311

1989 c 304 s 49; 1990 c 488 s 22; 2010 c 250 art 1 s 31

Amended by 2017 Minn. Laws, ch. 17,s 7, eff. 8/1/2017.