A person may be appointed a director for life provided that he shall be removable under section 288 of this Act.
Companies and Allied Matters Act 2020 · Part B · Chapter 11
Section 281 Appointment of director for life
Cite as: Companies and Allied Matters Act 2020, section 281
What this section means
From the guide: Who is disqualified from being a director under CAMA 2020?
- A person may be appointed a director for life, but can still be removed under section 288 (section 281).
Read the whole subject
Source: Companies and Allied Matters Act 2020 (Act No. 3 of 2020), Official Gazette No. 124, Lagos, 10 August 2020. General information, not legal advice.