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Directors are elected to their positions by the shareholders of the corporation. The shareholders have the legal power to remove directors.

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13y ago

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Related Questions

May directors of a corporation remove another director from his position?

The directors are elected by the stockholders and follow the corporate by-laws. If the by-laws permit a director to be removed by vote, then yes.


When was Directors Guild of Japan New Directors Award created?

Directors Guild of Japan New Directors Award was created in 1960.


Can a neighborhood fire their HOA?

If the 'neighborhood' is composed of owners in the association, then owners can vote to remove a set of directors. Your governing documents document this process. The association, however, requires leadership, so the owners will be required to elect a new set of directors to lead the business of the association.


What is the collective noun for 'directors'?

The collective noun for directors is a board of directors.


Did Elvis Presley have any directors?

he had movie directors


What is a collective noun for the word directors?

It is a board of directors.


Can the treasure of board of directors also be the secretary of the board of directors in nebraska?

No, the treasurer of the board of directors cannot be the secretary of the board of directors in Nebraska unless it is in the acting capacity.


Can the secretary of the board of directors also be the treasure of the board of directors in Nebraska?

No, the secretary of the board of directors cannot be the treasurer of the board of directors in Nebraska unless on acting capacity.


Can the secretary of the the board of directors of a s corp also be the treasure of the board of directors?

The secretary of the board of directors of a corporation can only be a treasurer of the board of directors in an acting capacity.


Is 'Board of Directors' singular or plural?

"Board of Directors" is a singular (one board) compound noun that takes a singular verb.Think of it as 'a special group' of directors. The group may be large or small.Example: "The board is meeting this afternoon. (is= singular verb)But when talking about 'the directors', they may be large or small, or of varying sizes!Example: "The directors are meeting this afternoon." (are = plural verb)COMPANY / CORPORATE LAWA company has a Board of Directors. It is clearly singular. Therefore singular verbs and singular pronouns are used when referring to 'a board' or 'the Board' of Directors.Examples of usage:"The World Bank Group has four Boards of Directors. ... Each Board of Directors is responsible for the conduct of ..." -The World Bank"The MCC Board of Directors is composed of the Secretary of State, the Secretary of ..." -Millennium Challenge Corporation, USA"If the board of directors has judged that a member bank is performing or behaving poorly, it will report this to the Board of Governors." -WikiPedia - Federal Reserve System"The exercise by the board of directors of its powers ..." -WikiPedia - Board of Directors"The board of directors generally sets broad corporate policy ..." - FreeDictionary.comNOTE that the verbs 'is', 'has', 'it', 'its' and 'sets' are all singular forms.PLURALThe plural of 'board of directors' is 'boards of directors / Boards of Directors"Some directors may serve on a numbers of different Boardsof Directors, that is, they have directorships with more than one company.EXAMPLES OF USAGEBoards of Directors are responsible for ...If boards of directors have judged ... they will report ...The exercise by boards of directors of theirpowers ...Boards of directors generally set broad corporate policy. etc


Who accused of fostering racial stereotypes did the Directors Guild of the US remove from its Lifetime Achievement Award?

I'm going to guess DW Griffith for Birth of a Nation.


When was Directors' Fortnight created?

Directors' Fortnight was created in 1969.

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