Directors constituting the initial board hold office until the first annual meeting of the members and until their successors are elected and take office.
AS 10.15.145
Initial board of directors
Known as the Alaska Cooperative Corporation Act
The act spans §§ 10–10 (121 sections).
Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.