Board of Directors

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Definition of "Board of Directors"

A board of directors is the governing body for a corporation. The directors are elected by the shareholders and are responsible for establishing corporate policy, selecting officers, and making major business decisions.

"Board of Directors" is referred to in the following legal documents:

Joint Venture

Articles of Incorporation

Incorporators’ Organizational Meeting

Directors’ Organizational Meeting

Shareholders’ Organizational Meeting

Directors’ Resolution

Shareholders’ Resolution

Shareholder Agreement

Consent to Action Without Meeting