If Marilyn and George form a corporation under the Revised Act with Marilyn as president and George as treasurer, Marilyn cannot also be corporate secretary.

Name: If Marilyn and George form a corporation under the Revised Act with Marilyn as president and George as treasurer, Marilyn cannot also be corporate secretary.
Brand: Quizplus
Rating: 4.9 (45 reviews)

Question

Quizplus · Accepted Answer

Under most corporate laws, including the Revised Act, one person can hold multiple officer positions within a corporation, including being both president and corporate secretary.

If Marilyn and George Form a Corporation Under the Revised