Legal Question in Wills and Trusts in New York
Does a temporary Executor have the right to act as a Director or officer of a corporation in the place of the decedent? (In NY specifically)
Asked on 3/02/11, 2:42 pm
1 Answer from Attorneys
Norman Nadel
Norman Nadel, Esq.
No one has the right to serve as a director or officer of a Corporation. The directors are elected by the shareholders and the officers are appointed by the directors. Service as a temporary executor would not make a person ineligible to serve as a director or officer.
Answered on 3/03/11, 5:50 am
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