§ 55A-8-09. Removal of designated or appointed directors. - North Carolina Statutes

§55A‑8‑09.  Removal of designated or appointed directors.

(a)        A designateddirector may be removed by an amendment to the articles of incorporation orbylaws deleting or changing the provision containing the designation.

(b)        Except as otherwiseprovided in the articles of incorporation or bylaws:

(1)        An appointeddirector may be removed with or without cause by the person appointing thedirector;

(2)        The person removingthe director shall do so by giving written notice of the removal to thedirector and to the corporation; and

(3)        A removal iseffective when the notice is effective unless the notice specifies a futureeffective date.

(c)        Notwithstanding anyother provision of this section, the articles of incorporation or bylaws mayprovide that directors appointed after the effective date of such provisionshall be removed automatically for missing a specified number of boardmeetings. (1955, c. 1230; 1973, c. 192, ss. 1, 2; 1985 (Reg.Sess., 1986), c. 801, ss. 19‑21; 1993, c. 398, s. 1.)