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How many board of directors are required for a stock corporation and if it had 2 bod and 2 stockholders but one died now stock is held by 4 people can bod still be only 2 people or do you need more?

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2005-09-17 19:13:23
2005-09-17 19:13:23

This is a matter of state law, so there may be literally 50 different answers to your question. However, a good place to start would the be website for the secretary of state or department of corporations for state. Shareholders elect the board of directors and interim appointments are usually discussed in the bylaws. Read the bylaws and you should find the answers to your questions.

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