§ 701. Board of directors.

Subject to any provision in the certificate of incorporation
authorized by paragraph (b) of section 620 (Agreements as to voting;
provision in certificate of incorporation as to control of directors) or
by paragraph (b) of section 715 (Officers), the business of a
corporation shall be managed under the direction of its board of
directors, each of whom shall be at least eighteen years of age. The
certificate of incorporation or the by-laws may prescribe other
qualifications for directors.