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This question is about what a corporate director does and corporate director.

Can you have a corporate director?

By Zippia Team - Feb. 10, 2022

Yes, you can have a corporate director. The term corporate director refers to a corporation's board of directors member.

The board of directors generally takes responsibility for the corporation's business affairs. A corporate director does not make decisions for the corporation on their own. As a member of the board of directors, they must function as a part of a group.

The board can make decisions on behalf of the corporation only by resolution at board of directors' meetings. To pass a resolution, most board members must vote for the resolution. The board of directors' duties include the election, removal, and supervision of officers and adopting, amendment, and repeal of bylaws.

A business must be established as a corporation and have a board of directors before hiring a corporate director. Generally, any individual may act as a director. However, the corporation will provide in its articles or bylaws that an individual must meet certain reasonable qualifications to serve as a director.

A corporation's first directors are either named in its articles of incorporation or elected at the organizational meeting. They serve until the shareholders hold their first meeting and elect their successors. After that, directors serve until the next annual shareholders' meeting.

Can you have a corporate director?

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