(A) A person who is elected by the board of directors of a corporation or the manager of a limited liability company, to manage the day-to-day operations of the company (such as the President, Secretary or Treasurer.) Most and bylaws of a corporation (or operating agreements of an LLC) require the company to have a president, secretary and treasurer, with some also including a … [Read more...]
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TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.