Document ID: General_Provisions_Article_8._§_55A-8-11._ Vacancy_on_board.

Title: {"article_title": "Article 8.", "section_title": "§ 55A-8-11.  Vacancy on board.", "subchapter_title": "General Provisions", "type": "section"}

§ 55A-8-11.  Vacancy on board. (a)	Unless the articles of incorporation or bylaws provide otherwise, and except as provided in subsections (b) and (c) of this section, if a vacancy occurs on a board of directors, including, without limitation, a vacancy resulting from an increase in the number of directors or from the failure by the members to elect the full authorized number of directors, the vacancy may be filled: (1)	By the members entitled to vote for directors, if any, or if the vacant office was held by a director elected by a class, chapter or other organizational unit, or by region or other geographic grouping, by the members of that class, chapter, unit, or grouping; (2)	By the board of directors; or (3)	If the directors remaining in the office constitute fewer than a quorum of the board, by the affirmative vote of a majority of all the directors, or by the sole director, remaining in office. (b)	Unless the articles of incorporation or bylaws provide otherwise, if a vacant office was held by an appointed director, only the person who appointed the director may fill the vacancy. (c)	If a vacant office was held by a designated director, the vacancy shall be filled only as provided in the articles of incorporation or bylaws. (d)	A vacancy that will occur at a specific later date (by reason of a resignation effective at a later date under G.S. 55A-8-07(b) or otherwise) may be filled before the vacancy occurs but the new director shall not take office until the vacancy occurs. (1955, c. 1230; 1993, c. 398, s. 1.)