Many states permit a corporate board to have fewer than three directors.

Question

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Many states have laws that require a minimum of three directors on a corporate board, but some states allow for fewer directors under certain circumstances. For example, Delaware allows for one-person boards or boards with two members for certain types of corporations. However, it is important to check the specific laws of the state in question before assuming that a corporate board can have fewer than three directors.

Many States Permit a Corporate Board to Have Fewer Than