79-11-271 - Officers of corporation.
§ 79-11-271. Officers of corporation.
(1) A corporation has the officers described in its bylaws or appointed by the board of directors in accordance with the bylaws.
(2) A duly appointed officer may appoint one or more officers or assistant officers if authorized by the bylaws or the board of directors.
(3) The bylaws or the board of directors shall delegate to one (1) of the officers responsibility for preparing minutes of the directors' and members' meetings and for authenticating records of the corporation.
(4) The same individual may simultaneously hold more than one (1) office in a corporation.
Sources: Laws, 1987, ch. 485, § 86, eff from and after January 1, 1988.