Section 18: Management by officers; selection of president
49 words·~1 min read·
/ma/part-i/title-xxii/chapter-158/18·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 18. The business of every corporation shall be managed and conducted by a president, a board of not less than three directors, a clerk, treasurer and such other officers and agents as the corporation authorizes for that purpose. The directors shall choose one of their number as president.