Officer Of A Corporation in United States

Practical Information

Note: Some of this information was last updated in 1982

A person who has the power and the duty to manage and carry out the business of the corporation (in U.S. law) . An officer is created by the certificate (in U.S. law) of Incorporation or bylaws (in U.S. law) of the corporation, and the officer is elected by the board of directors (in U.S. law). Most states designate by statute what officers are required. These usually include a president, vice-president, secretary, and treasurer.

In the absence of express provisions in the bylaws, directors of a corporation have the inherent right to remove any officer for cause, even if he or she is employed for a definite term. In the absence of cause, however, directors cannot remove an officer elected for a specified term.

(Revised by Ann De Vries)

What is Officer Of A Corporation?

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