Board of directors

Adopting, amending, and repealing bylaws. Number, term, and compensation of directors; effect of failure to maintain at least five directors. Meetings of board; quorum; committees; acting without meeting. Oath of directors; liability of persons who have not subscribed to such oath. Removal of directors; vacancies. Honorary and advisory positions. Audits and financial reports. Officers, agents, and employees; employee share plans. Fidelity bonds. Responsibility of directors and officers; delegation of investment decisions. Financing involving directors or officers. Prohibitions applicable to directors, officers, and employees. Actions against directors and officers. Liability of directors in certain cases. 7-1-516. MERGER AND CONSOLIDATION OF STATE BANKS AND TRUST COMPANIES 7-1-530. 7-1-531. 7-1-532. 7-1-533. 7-1-534. 7-1-535. 7-1-536. 7-1-537. 7-1-512. 7-1-513. Authority to merge, consolidate, or exchange shares; requirements. Merger, share exchange, or consolidation plan. Articles of merger, share exchange, or consolidation; publication of notice. Additional filings with department. Approval or disapproval by department; resulting bank or trust company not chartered by department. Federal approval or disapproval; issuance of certificate of merger, share exchange, or consolidation. Effect of merger, share exchange, or consolidation. Rights of dissenting shareholders; surrender of certificates. PART 15 CONVERSIONS, MERGERS, AND CONSOLIDATIONS INVOLVING NATIONAL BANKS 7-1-550. AMENDMENT OF ARTICLES 7-1-511. amendment; delivery to bank or trust company; publication of notice. Approval or disapproval of articles of amendment. Issuance of certificate of amendment. Effect of certificate of amendment. PART 14 PART 13 7-1-510. T.7, C.1 BANKING AND FINANCE Authorized amendments; articles entirely restated; notice to Secretary of State. Proposal and adoption of amendments. Execution, contents, filing, and effect of articles of amendment. Certification of articles of 7-1-551. 7-1-552. 7-1-553. 7-1-554. 7-1-555. 7-1-556. 8 National bank or federal savings bank to state bank or trust company conversions. Articles of conversion; fee. Filings with department. Approval or disapproval by department. Issuance of certificate of conversion. Effect of issuance of certificate of conversion. State bank or trust com- T.7, C.1 Sec. 7-1-607. Sec.