§ 10.148. Officer.
10 CA ADC § 10.148Barclays Official California Code of Regulations
10 CCR § 10.148
§ 10.148. Officer.
“Officer” means:
(a) When used with respect to a corporation, any person appointed or designated as an officer of such corporation by or pursuant to applicable law or the articles or by-laws of the corporation (or, in case the corporation has no articles or by-laws, the closest equivalent documents) or any person who performs with respect to the corporation functions usually performed by an officer of a corporation. However, “officer” does not include any director of a corporation who neither participates nor has authority to participate in the management or affairs of such corporation otherwise than in the capacity of a director.
This database is current through 5/10/24 Register 2024, No. 19.
Cal. Admin. Code tit. 10, § 10.148, 10 CA ADC § 10.148
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