Enquiring knowledgeable people Inquisitive education Hospital Treasury

How long is the term of office of a director of a limited liability company

home page

How long is the term of office of a director of a limited liability company


        

Submit answer
Favorable reply
  • 2024-06-06 05:01:41

    The term of office of the directors shall be prescribed by the Articles of Association, but each term shall not exceed three years. Upon expiration of a director's term of office, he may be re elected.

    1、 Directors, also known as executive directors, refer to the personnel elected by the shareholders' meeting of the company who have actual power and authority to manage the company's affairs. They are the main force of the company's internal governance, manage the company's affairs internally and conduct economic activities on behalf of the company externally. Independent directors refer to directors who are independent of the company's shareholders and do not hold internal positions in the company, have no important business or professional contact with the company or the company's managers, and make independent judgments on the company's affairs.

    2、 A limited liability company shall have a board of directors with three to thirteen members; Unless otherwise specified.

    The board of directors of a limited liability company invested and established by two or more state-owned enterprises or two or more other state-owned investors shall include representatives of the company's employees; Members of the board of directors of other limited liability companies may include representatives of the employees of the company. The staff representatives on the board of directors shall be democratically elected by the staff and workers of the company through the staff and workers' congress, the staff and workers' congress or other forms.

    [Legal Basis]

    According to Article 45 of the Company Law of the People's Republic of China, the term of office of directors shall be stipulated in the articles of association, but each term shall not exceed three years. Upon expiration of a director's term of office, he may be re elected.

    If the directors are not re elected in time upon the expiration of their term of office, or the number of members of the Board of Directors is lower than the quorum due to the resignation of directors during their term of office, the original directors shall still perform their duties as directors in accordance with laws, administrative regulations and the Articles of Association before the newly elected directors take office.

    I***

    2024-06-06 05:01:41

  • company law Relevant knowledge

  • law

Related recommendations

Loading
Latest Q&A Recommendation Hot topics Hot spot recommendation
  • 1-20
  • 21-40
  • 41-60
  • 61-80
  • 81-100
  • 101-120
  • 121-140
  • 141-160
  • 161-180
  • 181-200
  • 1-20
  • 21-40
  • 41-60
  • 61-80
  • 81-100
  • 101-120
  • 121-140
  • 141-160
  • 161-180
  • 181-200
  • 1-20
  • 21-40
  • 41-60
  • 61-80
  • 81-100
  • 101-120
  • 121-140
  • 141-160
  • 161-180
  • 181-200
  • 1-20
  • 21-40
  • 41-60
  • 61-80
  • 81-100
  • 101-120
  • 121-140
  • 141-160
  • 161-180
  • 181-200
return
Top
help opinion
feedback

Confirm to report this problem

Reason for reporting (required):