2010 Tennessee Code
Title 48 - Corporations And Associations
Chapter 18 - Directors and Officers
Part 4 - Officers
48-18-401 - Required officers.
48-18-401. Required officers.
(a) A corporation has the officers described in its bylaws or designated by its board of directors in accordance with the bylaws; provided, that every corporation shall have a president and a secretary. Unless the charter or bylaws provide otherwise, officers shall be elected or appointed by the board of directors.
(b) A duly appointed officer may appoint one (1) or more officers or assistant officers if authorized by the bylaws or the board of directors.
(c) The bylaws or the board of directors shall delegate to one (1) of the officers responsibility for preparing minutes of the directors' and shareholders' meetings and for authenticating records of the corporation.
(d) The same individual may simultaneously hold more than one (1) office in a corporation, except the offices of president and secretary. If the corporation has only one (1) shareholder, such shareholder may hold the offices of president and secretary.
[Acts 1986, ch. 887, § 8.40; 1989, ch. 451, § 11; 1999, ch. 272, § 1.]
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