Business Administration 2257 Study Guide - Final Guide: Transact, Insider Trading, Underwriting
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Director: a person occupying the position of director by whatever name called and directors and board of directors includes a single director. Body corporate: includes a company or other body corporate wherever or however incorporated. Ricky hahn: anyone who is less than eighteen years of age, anyone who is of unsound mind and has been so found by a court in. Canada or elsewhere: a person who is not an individual; or, a person who has the status of bankrupt. The shareholders of a corporation may remove any director or directors from office by ordinary resolution at a special meeting. A managing partner is a canadian resident who is given the same power as directors. Xvii: approve any financial statements referred to in section 155; or, adopt, amend or repeal by-laws. In order for a director to dissent the director must: