Current through the 2024 Regular Session
Section 79-4-8.40 - Required offices(a) A corporation has the offices described in its bylaws or designated by the board of directors in accordance with the bylaws.(b) The board of directors may elect individuals to fill one or more offices of the corporation. A duly authorized officer may appoint one or more officers if authorized by the bylaws or the board of directors.(c) The bylaws or the board of directors shall delegate to one (1) of the officers responsibility for preparing minutes of the directors' and shareholders' meetings and for maintaining and authenticating records of the corporation.(d) The same individual may simultaneously hold more than one (1) office in a corporation.Laws, 1987, ch. 486, § 8.40; Laws, 1991, ch. 320 § 1; Laws, 2001, ch. 435, § 12, eff. 7/1/2001.