Whenever a vacancy shall occur by any reason in the office of a director, the board of directors shall elect a person by majority vote to fill the vacancy and serve for the unexpired term thereof.
Ark. Code Ann. § 14-47-113
Director vacancy
Acts 1921, No. 99, § 13; Pope's Dig., § 10101; Acts 1967, No. 188, § 1; A.S.A. 1947, § 19-713.
Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.