Directors shall be elected within 60 days after the petition is approved by the court and filed with the secretary of state. The directors named in the petition shall hold office until the election. So far as possible, an equal number of those elected shall serve one, two and three years.
Minn. Stat. § 110A.08
GROUPING OF DIRECTORS ELECTED AT LARGE; TERM OF OFFICE.
1978 c 744 s 8
Official source: Minnesota Office of the Revisor of Statutes. Reproduced from public-domain Minnesota statutes; confirm against the official source for the current text. Not legal advice.