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The company must have at least one or more directors and they must be 18 years of age or older. The names and addresses of each director must be in the articles of incorporation. The articles of incorporation must state the number of shares of stocks they plan to authorize.
A small corporation might have one director (who may also serve as the sole officer and shareholder), while a large corporation may have 10 or more people serving on its board of directors. For voting purposes, a corporation with more than one director should keep an odd number (3, 5, 7, etc.)
There are three specific officers whom a corporation must have under Section 25 of the corporation code. These are the president, secretary and the treasurer. The number of officers is not limited to these three.
In California, each corporation must have at least three officer positions; they are president, secretary and treasurer. The treasurer is responsible for the finances, and the secretary is in charge of keeping the company records and documents as well as the minutes from shareholder meetings.
Under Chapter 78 of the Nevada Revised Statutes (Nevada Corporations Act) (NRS 78.010 et seq.), a corporation may, but need not, adopt bylaws consistent with federal and Nevada law for: The management, regulation, and government of its affairs and property.
Under California law, a corporation must have at least three directors, unless there are less than three shareholders. In that case, the number of directors may be equal to or greater than the number of shareholders. For example, if the corporation has only one shareholder, the number of directors may be one or two.
Every corporation must have a president, a secretary and a treasurer, or the equivalent thereof. 2. Every corporation may also have one or more vice presidents, assistant secretaries and assistant treasurers, and such other officers and agents as may be deemed necessary. 3.
The registered agent must be a Nevada resident, or a business entity authorized to do business in Nevada. The registered agent must have a physical street address in Nevada.
Officers are appointed by the board of directors to run the day-to-day operations of the corporation. Commonly, and by law in many states, a corporation will have at least three officers: (1) a president, (2) a treasurer or chief financial officer, and (3) a secretary.