other
confidence high
sentiment neutral
materiality 0.10
Bogota Financial amends director age qualification in Bylaws
Bogota Financial Corp.
- Board amended Bylaws on Feb 22, 2023 to revise director age limit.
- Previously, no person could be appointed/elected as director after turning 75.
- Revised rule: no person may serve as director after annual meeting following 75th birthday.
- Change is effective immediately; Amended and Restated Bylaws filed as Exhibit 3.2.