Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.
Most states require three (3) statutory officers – President, Secretary and Treasurer. The officers are appointed by the directors. The officers are charged with carrying out the duties outlined in the bylaws. In most states, one person can be the sole shareholder, sole director and serve as the President, Secretary and Treasurer of a corporation.
