<?xml version='1.0' encoding='utf-8'?>
<section article="gfi" article_name="Financial Institutions" number="6-326" title_number="6" title_name="Credit Unions" subtitle_number="3" subtitle_name="Formation, Organization, and Powers">
  <level label="a">
    <text>The office of a director becomes vacant if the director:</text>
    <level label="1">
      <text>Dies;</text>
    </level>
    <level label="2">
      <text>Resigns; or</text>
    </level>
    <level label="3">
      <text>Is removed.</text>
    </level>
  </level>
  <level label="b">
    <text>A director may be removed from office:</text>
    <level label="1">
      <text>By the board, in accordance with the bylaws, if the director:</text>
      <level label="i">
        <text>Does not possess or maintain the qualifications required to serve on the board; or</text>
      </level>
      <level label="ii">
        <text>Is absent from three consecutive regular meetings of the board unless excused; or</text>
      </level>
    </level>
    <level label="2">
      <text>By the members.</text>
    </level>
  </level>
  <level label="c">
    <level label="1">
      <text>Unless the bylaws provide otherwise, the remaining directors by majority vote shall fill a vacancy.</text>
    </level>
    <level label="2">
      <text>A director elected by the board to fill a vacancy holds office as the bylaws provide.</text>
    </level>
  </level>
</section>
