QUESTION
Three person board.Offering states an officer only to one position. We have 4 positions and 3 offcrs.Can secr also be the treas like other smal corps
Asked on Jan 18th, 2013 on Corporate Law - New York
More details to this question:
I am newly serving as a condo officer. We are electing positions, and bi laws say no person can serve two positions.
1 ANSWER
Michael Stolzar
Secretary can probably also be treasurer but it depends on corporation's by- laws and your state's corporate law. This is not intended to be legal advice, and is general in nature. No attorney-client relationship exists or is formed by this information. Furthermore, this does not represent the views or opinions of LexisNexis or its affiliated companies.
Answered on Jan 18th, 2013 at 4:57 PM