Legal Question in Business Law in Texas

If a corporation receives a large sign up bonus for a gas lease does company president have legal right to use that money for company without consulting others officers or board menbers


Asked on 12/30/14, 5:17 pm

1 Answer from Attorneys

Generally one would say yes but it really depends upon several things such as the structure of the company and the bylaws etc...

Read more
Answered on 1/02/15, 5:45 am


Related Questions & Answers

More Business Law questions and answers in Texas