It is important to understand the statutes for board of directors when you are a stockholder. In Delaware beach the question is left to the provisions of the Bylaws, and there is no statutory requirement that the director be living there.
In New Jersey, it is required that at the time of election the director be a stockholder or a stockholder in a separate corporation which holds 25 per cent or more of the stock of the corporation in question.
In California the place of meeting for the board of directors is at the principal office unless it has been changed by bylaws, by the board of directors, by authority under the bylaws, or by the written consent of all of the directors.
