§ 23B.08.400. Officers
(1) A corporation has the officers described in its bylaws or appointed by the board of directors in accordance with the bylaws.
(2) A duly appointed officer may appoint one or more officers or assistant officers if authorized by the bylaws or the board of directors.
(3) The bylaws or the board of directors shall delegate to one of the officers responsibility for preparing minutes of the directors' and shareholders' meetings and for authenticating records of the corporation.
(4) The same individual may simultaneously hold more than one office in a corporation.
[1989 c 165 § 100.]
Sections: Previous 23B.08.220 23B.08.230 23B.08.240 23B.08.250 23B.08.300 23B.08.310 23B.08.320 23B.08.400 23B.08.410 23B.08.420 23B.08.430 23B.08.440 23B.08.500 23B.08.510 23B.08.520 NextLast modified: April 7, 2009