Under the MBCA,shareholders may remove directors without cause.

Name: Under the MBCA,shareholders may remove directors without cause.
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Under the Model Business Corporations Act (MBCA), shareholders have the power to remove directors without cause. This provision is stated in section 8.08 of the MBCA. However, there may be certain procedural requirements that must be met before shareholders can exercise this power, such as providing notice and holding a special meeting.

Under the MBCA,shareholders May Remove Directors Without Cause