The bylaws may provide that directors shall be elected for terms of from one to 5 years, provided that at each annual election the same fraction of the total number of directors shall be elected as one year bears to the number of years of the term of office. <div
Me. Rev. Stat. tit. 13, § 2067
-- staggered terms
Known as the Fish Marketing Act
The act spans §§ 2001 to 2287 (66 sections).
Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.