§719. Duties and authority of officers
Each officer is authorized to and shall perform the duties set forth in the bylaws. In addition, each officer, to the extent consistent with the bylaws, has the authority and shall perform the duties prescribed in a resolution of the board of directors of the corporation. The board may authorize an officer, pursuant to a resolution of the board and to the extent consistent with the bylaws, to prescribe the duties and authority of other officers. [PL 2001, c. 550, Pt. C, §18 (NEW); PL 2001, c. 550, Pt. C, §29 (AFF).]
SECTION HISTORY
PL 2001, c. 550, §C18 (NEW). PL 2001, c. 550, §C29 (AFF).
Structure Maine Revised Statutes
TITLE 13-B: MAINE NONPROFIT CORPORATION ACT
Chapter 7: DIRECTORS AND OFFICERS
13-B §701-A. Board of directors of a nonprofit housing corporation
13-B §702. Number and election of directors
13-B §704. Removal of directors
13-B §704-A. Removal of directors by judicial proceeding
13-B §705. Place and notice of directors' meetings
13-B §706. Quorum and vote of directors
13-B §707. Unanimous action by directors without a meeting
13-B §708. Informal or irregular action by directors
13-B §711. Removal of officers
13-B §712. Loans to directors and officers prohibited
13-B §713. Transactions between a corporation and its directors and officers (REPEALED)
13-B §713-A. Public benefit corporation; board
13-B §714. Indemnification of officers, directors, employees and agents; insurance
13-B §716. Duties of directors and officers (REPEALED)
13-B §717. General standards for directors
13-B §718. Director or officer conflict of interest
13-B §719. Duties and authority of officers
13-B §720. General standards for officers
13-B §721. Misapplication of funds or assets of public benefit corporation