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Fiduciary Duties of Officers and Directors in a California ...

    https://www.sandiegobusinesslawyerblog.com/fiduciary-duties-of-officers-a
    Jan 04, 2014 · An officer or director’s fiduciary obligations under California law can generally be distilled into two duties: the duty of loyalty and the duty of care. With regard to corporate directors, both of these duties have been codified in California Corporations Code section 309 (a) which provides:

Law section - California

    https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP&sectionNum=312.
    (a) A corporation shall have (1) a chairperson of the board, who may be given the title of chair of the board, chairperson of the board, chairman of the board, or chairwoman of the board, or a president or both, (2) a secretary, (3) a chief financial officer, and (4) such other officers with such titles and duties as shall be stated in the bylaws or determined by the board and as may be necessary to enable it to sign instruments and share certificates.

Law section - California

    http://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP&sectionNum=9213.
    9213. (a) A corporation shall have (1) a chair of the board, who may be given the title chair, chairperson, chairman, chairwoman, chair of the board, chairperson of the board, chairman of the board, or chairwoman of the board, or a president or both, (2) a secretary, (3) a treasurer or a chief financial officer or both and (4) any other officers with any titles and duties as are stated in the …

Basic Duties of a Director in a California Non-Public ...

    https://www.stimmel-law.com/en/articles/basic-duties-director-california-non-public-corporation
    (1) One or more officers or employees of the corporation whom the director believes to be reliable and competent in the... (2) Counsel, independent accountants or other persons as to matters which the director believes to be within such... (3) A committee of the board upon which the director does ...

Responsibilities of Directors and Officers of California ...

    http://staleylaw.com/images/Responsibilities_of_Nonprofit_Directors_-_11048.pdf
    Duties ♦ In general, the officers implement the decisions of the board and operate the organization on a day-to-day basis. ♦ The officers have the duties specifically assigned to them by the bylaws and by resolutions of the board of directors.18 4.2. Signing documents ♦ Generally, officers -- not directors -- should sign documentsFile Size: 111KB

Required Officers - California Corporations are Unique ...

    https://danashultz.com/2013/09/06/required-officers-california-corporations-are-unique/
    Sep 06, 2013 · Officers conduct a corporation’s day-to-day business. Among the states, California law is unique in its set of required officers. California Corporations Code Section 312(a) states that each California corporation must have: A chairman of the board or a president or both; A secretary; and; A chief financial officer. Additional officers are optional.

Corporate Directors, Officers in California Owe a Duty of ...

    https://www.jgschwartzlawblog.com/corporate-directors-officers-california-owe-duty-loyalty-shareholders/
    Aug 31, 2016 · Corporate Directors, Officers in California Owe a Duty of Loyalty to Shareholders by Cirrus Law PC California law gives the directors and officers of a corporation principal authority over the corporation’s ordinary affairs.

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