What are the powers and duties of president of a nonstock corporation?
Full Question:
What are the powers and duties of president of a nonstock corporation?
09/09/2007 |
Category: Corporations |
State: Connecticut |
#8557
Answer:
Precise duties are defined by the bylaws and resolutions of each corporation. Generally, a corporate president will preside at board meetings, have the general powers and duties of business management necessary for the conducting of corporate affairs, and have such other powers and duties as may be prescribed by the board or the bylaws.
Please see the information at the following link:
http://definitions.uslegal.com/c/corporations-officers-and-employees/