California Financial Code 32331 – The operations of the corporation shall be directed by the president …
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The operations of the corporation shall be directed by the president of the corporation, who shall be selected and appointed by the board.
(Added by Stats. 1980, Ch. 819, Sec. 1.)
Terms Used In California Financial Code 32331
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.