(a) Any person who shall have been elected or appointed a director and shall neglect or refuse to qualify and serve as such shall be guilty of a misdemeanor and fined in any sum of not less than one hundred dollars ($100) nor more than three hundred dollars ($300).
(b) However, the directors, for good cause shown, may permit a director to resign.
Section: Previous 14-47-104 14-47-105 14-47-106 14-47-107 14-47-108 14-47-109 14-47-110 14-47-111 14-47-112 14-47-113 14-47-114 14-47-115 14-47-116 14-47-117 14-47-118 NextLast modified: November 15, 2016