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§ 8.05 — Massachusetts Law | CourtGPT
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  7. § 8.05
Massachusetts Legal Code

§ 8.05

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\n(b) The terms of all directors shall expire at the next annual shareholders' meeting following their election unless their terms are staggered under section 8.06.\n(c) A decrease in the number of directors does not shorten an incumbent director's term.\n(d) Unless otherwise provided in the articles of organization or a bylaw adopted by shareholders or required by section 8.06(e), the term of a director elected to fill a vacancy shall expire at the next shareholders' meeting at which directors are elected.\n(e) Despite the expiration of a director's term, he shall continue to serve until his successor is elected and qualified or until there is a decrease in the number of directors.