564-F:10-1003 Number. –
(a) A foundation shall have at least one director.
(b) Subject to subsection (a), the number of directors may be increased or decreased:
(1) In accordance with the provisions of the governing documents governing the method for increasing or decreasing the number of directors; or
(2) By an amendment of the governing documents.
Source. 2017, 257:47, eff. Oct. 1, 2017.