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EX OFFICIO MEMBER OF BOARD. (a) The certificate of formation or bylaws of a corporation may provide that a person may be an ex officio member of the board of directors of the corporation. (b) A person designated as an ex officio member of the board is entitled to receive notice of and to attend board meetings. (c) An ex officio member is not entitled to vote unless the certificate of formation or bylaws authorize the member to vote. Upon the issuance of a certificate of correction by the Commission, the articles of correction shall become effective as of the effective date and time of the articles they correct except as to persons relying on the uncorrected articles and adversely affected by the correction.
Pages: 220
Publisher: College of Law Publishing; Revised edition edition (January 1, 2009)
ISBN: 1905391609
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