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Corporate Officers as Agents - The Harvard Law School ...
- https://corpgov.law.harvard.edu/2017/02/24/corporate-officers-as-agents/
- Feb 24, 2017 · Officers are often amalgamated with directors into a single category, “managers,” which elides significant differences. In my article, I anchor officers within the common law of agency—as does black-letter law—which crisply differentiates officers from directors. Understanding that agency is central to the legal account of officers’ positions and responsibilities is crucial to seeing why, like directors, officers …Estimated Reading Time: 5 mins
The Corporate Officer and the Law of Agency
- https://www.jstor.org/stable/1070911
- THE CORPORATE OFFICER AND THE LAW OF AGENCY t FREDERICK G. KEMPIN, JR.* THE DUAL CAPACITY OF CORPORATE OFFICERS HE OFFICERS of a corporation, like the mythical Janus, face in two directions. On the one hand they function as a part of the in-ternal organizational structure of a corporation. In that capacity they
Corporate Officers as Agents
- https://scholarlycommons.law.wlu.edu/cgi/viewcontent.cgi?article=4551&context=wlulr
- generally, situating corporate officers within the ambit of agency relationships clarifies the contrast between legally-imposed (and relatively immutable) duties of loyalty and an agent’s duties of performance. Subject to some fundamental limits, a principal and an agent may define duties of performance through agreement,Cited by: 1
Corporate Officer Liability and the Applicable Standard of ...
- https://www.law.msu.edu/king/2016-2017/McCarthy.pdf
- corporation like the board, corporate officers owe a number fiduciary duties to the corporation flowing from agency law principles. Corporate officers status as agents creates their fiduciary duties and also provides a basis to hold officers to a higher standard of care than directors. A. Fiduciary Duties Owed by Officers
The Importance of Agency Law to a Corporation Bizfluent
- https://bizfluent.com/info-8096269-importance-agency-law-corporation.html
- Sep 26, 2017 · Agency law principles allow corporations to act. In an agency relationship, there is a principal and an agent. The corporate business entity is a legal “thing.” Once properly set up, the corporation can act like an individual in a business setting: it can operate a company, enter into contracts, conduct business transactions, sue and be sued.
Agency – The Basic Law Stimmel Law
- https://www.stimmel-law.com/en/articles/agency-basic-law
- Any limited liability entity must have agents to act for it. That is true of corporations, limited liability companies and limited partnerships. Usually those agents are managers, directors, officers and employees. All have a fiduciary duty to the entity, can bind the entity, and are subject to the corporate opportunity doctrine.
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