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Powers & Duties of Corporation Directors & Officers ...

    https://www.wolterskluwer.com/en/expert-insights/powers-and-duties-of-corporation-directors-and-officers
    Apr 24, 2019 · Usually, the bylaws will provide for several corporate officers. The most common are the president, vice president, secretary and treasurer. The president usually makes decisions of corporate policy and operations. The vice president assumes …

Powers and Duties of Corporate Directors and Officers ...

    https://www.oflaherty-law.com/learn-about-law/powers-and-duties-of-corporate-directors-and-officers-corporate-directors-vs-corporate-directors
    Nov 06, 2019 · Corporate Officers and Corporate Directors act similarly in a few ways, mainly because both roles must act in good faith, entirely in the best interests of the corporation. Officers and directors owe fiduciary duties of loyalty, honesty, good faith, and fair dealing to the corporation; individuals will not be liable for any action taken, or any failure to take any action, as long as they performed those …

Corporate Officers: Duties And Fiduciary Responsibilities ...

    https://www.stimmel-law.com/en/articles/corporate-officers-duties-and-fiduciary-responsibilities
    The Business Judgment Rule. Within the limits of their fiduciary duty, both directors and officers can take reasonable business risks, direct corporate business and affairs and make innocent mistakes without incurring the liability of claims of other owners as to their failures and the resultant judicial scrutiny.

Powers of Directors and Corporate Officers

    https://ezinearticles.com/?Powers-of-Directors-and-Corporate-Officers&id=3024172
    Just like shareholders, directors and officers of corporations have certain powers as well. These powers allow the board to run the corporation effectively and delegate authority when necessary. The powers also allow the board to expand the profits of the corporation and generally prevent it from being driven into the ground.

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