An Introduction to the Law of Corporations: Cases and Materials

Resource 2 . 5 . 2

less than a minute

DGCL Sec. 223 - Director vacancies

Brian JM Quinn,

Eric M. Fink

When a director resigns from the board of directors, such resignations may not be contemporaneous with a stockholder meeting. Unless otherwise specified in the certificate of incorporation or bylaw, during the interim period before the stockholder meeting, boards have the power to appoint replacement directors.

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