The expiration of a director's term with or without the election of a qualified successor does not make prior or later acts of the officers or the board void or voidable.
Minn. Stat. § 317A.209
EXPIRATION OF TERM; ACTS NOT VOID OR VOIDABLE.
Known as the Minnesota Nonprofit Corporation Act
The act spans §§ 317A.001 to 317A.909 (134 sections).
1989 c 304 s 31
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.