2011 Wisconsin Laws 180.0805 – Terms of directors generally
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180.0805
180.0805 Terms of directors generally.
180.0805(2)
(2) A decrease in the number of directors may not shorten an incumbent director’s term.
180.0805(1)
(1) The terms of the directors of a corporation, including the initial directors, expire at the next annual shareholders’ meeting unless their terms are staggered under § 180.0806.
180.0805(3)
(3) Despite the expiration of a director’s term, the director shall continue to serve, subject to §§ 180.0807, 180.0808 and 180.0809, until his or her successor is elected and, if necessary, qualifies or until there is a decrease in the number of directors.