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Incorporation

11. Appointing Officers in a Corporation

Officers are appointed by the board of directors to run the day-to-day operations of the corporation. A corporation must have at least three officers: (1) a president, (2) a treasurer or chief financial officer and (3) a secretary.

Officers do not have to be stockholders or directors, but they can be. There is no limit on the number of officers, and no limit on the number of offices any one person may hold. In fact, the same person can hold all offices.

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