Tennessee § 45-4-1110 Directors

Tennessee Statutes

§ 45-4-1110 — Directors

Tennessee § 45-4-1110

Title45

This text of Tennessee § 45-4-1110 (Directors) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tenn. Code Ann. § 45-4-1110 (2026).

Text

(a)The corporation's business shall be conducted by the incorporators who shall serve until the organizational meeting of the corporation, at which time directors shall be elected by the members of the corporation in accordance with the bylaws. Thereafter, the corporation's business shall be conducted by the directors.

(b)Directors shall not be compensated for their services as directors, but may be reimbursed for reasonable expenses in connection with corporation business.

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(a) The corporation's business shall be conducted by the incorporators who shall serve until the organizational meeting of the corporation, at which time directors shall be elected by the members of the corporation in accordance with the bylaws. Thereafter, the corporation's business shall be conducted by the directors. (b) Directors shall not be compensated for their services as directors, but may be reimbursed for reasonable expenses in connection with corporation business.