§7-1.2-812  Officers. –


Published: 2015

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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.)