Louisiana Statutes

§ 27:223 — Powers and obligations of corporation's president

Louisiana·Title 27 Louisiana Legislature

A.

(1)The president, as chief executive officer of the corporation, shall direct and supervise all administrative and management activities in accordance with the provisions of this Chapter and any rules and regulations adopted by the board.
(2)He shall:
(a)Supervise and administer the operation of the corporation.
(b)Employ and direct such personnel as may be necessary to carry out the purposes of this Chapter and utilize such services, personnel, or facilities of the corporation as he may deem necessary. He may enter into personal service contracts in accordance with provisions of this Chapter or rules and regulations adopted by the board and compensate such consultants and technical assistants as may be required to carry out the provisions of this Chapter.
(c)Make available for insp

Free access — add to your briefcase to read the full text and ask questions with AI

Louisiana § 27:223 (Powers and obligations of corporation's president) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Acts 1992, No. 384, §1, eff. June 18, 1992. Redesignated from R.S. 4:623 by Acts 1996, 1st Ex. Sess., No. 7, §3, eff. May 1, 1996.

Nearby Sections

15
View on official source ↗