316.04 APPEAL, EFFECT.
An appeal from an order or judgment removing an officer or trustee, under section
316.03,
shall not operate to stay its effect or any proceeding under it; but the term of office of any officer,
director, or trustee elected thereunder to fill a vacancy, or of any receiver appointed, shall be
terminated by a reversal or vacation of such order of judgment.
History: (8012) RL s 3172