Legal Question in Business Law in California
Real Estate Broker/Director on Board Dies..Must New Broker Be Director Also?
If a Realty office is incorporated and a broker, who is on the board of directors passes away, must the new broker who replaces him also be a director of the corporation?
Thank you,
Asked on 5/22/02, 1:46 pm
1 Answer from Attorneys
Amy Ghosh
Law Offices of Amy Ghosh
Re: Real Estate Broker/Director on Board Dies..Must New Broker Be Director Also?
Contact me directly...I need to know more before I can advise. I need to see the bylaws, etc.
Answered on 5/22/02, 3:22 pm
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