564-F:10-1002 Qualifications. –
(a) The governing documents may prescribe qualifications for directors.
(b) Unless the governing documents provide otherwise, a director may be:
(1) An individual or an entity; and
(2) A resident of any jurisdiction and need not be a resident of this state.
Source. 2017, 257:47, eff. Oct. 1, 2017.