nevada llc corporation



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Business Entities Explained  
Nevada Corporation Tutorial  
Officers - Responsible for day-to-day operations  

Every corporation must have three officers: a President, a Treasurer and a Secretary. As stated, one person may serve in all three capacities, although the person's responsibility and authority necessarily changes through the different offices the person assumes. In addition to these statutory offices, there may be vice presidents and/or assistant secretaries. The president has the overall executive responsibility for the management of the corporation and is directly responsible for carrying out the orders of the board. The treasurer has a narrower role. The treasurer is the chief financial officer of the corporation and is responsible for controlling and recording its finances. Actual fiscal policy of the corporation may rest with the Board of Directors and be largely controlled by the president on a day-to-day basis. The corporate secretary is responsible for maintaining the corporate records.



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