The shareholders own the company and they appoint the directors who in turn appoint the managers. When companies raise capital by attracting new investors, these new shareholders will, with the current shareholders, want to make sure that their interests are served by a competant board of directors.
The board has a fiduciary responsibility to represent and protect the member's/investor's interest in the company. So the board has to make sure the assets of the company are kept in good order. This includes the company's plant, equipment and facilities, including the human capital (people who work for the company.)
The board of directors is a group of individuals who are responsible for overseeing the management and direction of a company or organization. In a broad sense, a corporate board of directors acts as a fiduciary for shareholders.
The board of directors is not above the CEO because they are elected by the shareholders. The CEO is responsible for the day-to-day operations of the company and reports to the board of directors. The board of directors has the authority to hire and Fired CEOs, but they cannot tell the CEO what to do on a daily basis.
SMUD is owned by its customers, who elect a seven-member Board of Directors. Each director represents a different geographic area or "ward." During their four-year terms, their job is to establish policies and values about how we serve you and to set the long-term direction SMUD will take as we move forward.
A Statement of Information must be filed either every year for California stock, cooperative, credit union, and all qualified out-of-state corporations or every two years (only in odd years or only in even years based on year of initial registration) for California nonprofit corporations and all California and ...
To submit Form SI-100, you may file it online at the California Secretary of State's website or mail it to the Statement of Information Unit at P.O. Box 944230, Sacramento, CA 94244-2300. For in-person submissions, visit the Sacramento office located at 1500 11th Street, Sacramento, CA 95814.
To submit Form SI-100, you may file it online at the California Secretary of State's website or mail it to the Statement of Information Unit at P.O. Box 944230, Sacramento, CA 94244-2300. For in-person submissions, visit the Sacramento office located at 1500 11th Street, Sacramento, CA 95814.
These records include business licenses, articles of incorporation, government inspection ratings (in the case of a business that requires them, such as a restaurant), and more. Usually, you can find these by searching on the county or state's business licensing website where the company is headquartered.
Access the official web site of the New York City Department of Records and Information Services. Content includes historical records, government records, exhibits and education. It has quick links to order vital records.