(1) The articles of incorporation or bylaws may specify the terms of directors. If a term is not specified in the articles of incorporation or bylaws, the term of a director is 1 year.
(2) A decrease in the number of directors or term of office does not shorten an incumbent director’s term.
(3) Except as provided in the articles of incorporation or bylaws, the term of a director elected to fill a vacancy expires at the end of the term that the director is filling.
(4) Notwithstanding the expiration of a director’s term, the director continues to serve until the director’s successor is elected, appointed, or designated and until the director’s successor takes office unless otherwise provided in the articles of incorporation or bylaws or there is a decrease in the number of directors.
