TITLE 7
Corporations, Associations, and Partnerships
CHAPTER 7-1.2
Rhode Island Business Corporation Act
PART 7-1.2-801
Directors and Officers
SECTION 7-1.2-812
§ 7-1.2-812 Officers.
(a) The officers of a corporation consist of a president, a secretary, and a
treasurer, and such other officers as are authorized by the bylaws or the board
of directors each of whom is elected by the board of directors or by the
shareholders at a time and in a manner as prescribed by the bylaws. Any other
officers and assistant officers and agents as that are necessary may be elected
or appointed by the board of directors or by the shareholders or chosen in
another manner prescribed by the bylaws. Any two (2) or more offices may be
held by the same person. A failure to elect officers does not dissolve or
otherwise affect the corporation.
(b) All officers of the corporation, as between themselves
and the corporation, have the authority and perform any duties in the
management of the corporation that may be provided in the bylaws, or that may
be determined by resolution of the board of directors, subject to any
limitations on the authority contained in the bylaws.
History of Section.
(P.L. 2004, ch. 216, § 2; P.L. 2004, ch. 274, § 2.)