I have a question in regards to officers in a corporation. I hope I can make myself clear.
Almost all bylaws I have seen require a president, a vice president, a treasurer and a secretary. All these positions can be held by one person. I looked in the Montana Code and can not find anything in regards to this, only the requirement of having directors.
Where is this coming from? The federal level? Until now I thought every corporation, for profit or non-profit, has the requirement of naming president, vice president, treasurer and secretary and there is no difference between the states.
Can someone enlighten me on this?
Almost all bylaws I have seen require a president, a vice president, a treasurer and a secretary. All these positions can be held by one person. I looked in the Montana Code and can not find anything in regards to this, only the requirement of having directors.
Where is this coming from? The federal level? Until now I thought every corporation, for profit or non-profit, has the requirement of naming president, vice president, treasurer and secretary and there is no difference between the states.
Can someone enlighten me on this?
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