Legal Definition and Related Resources of Director

One who directs. In relation to corporations, a person appointed or elected according to law, authorized to manage and direct the affairs of that corporation . Generally, a director is elected by the body of shareholders. See Brandt v Godwin, 3 N. Y.S. 807.

Person elected by shareholders to serve on the board of directors. The directors appoint the president, vice presidents, and all other operating officers. Directors decide, among other matters, if and when dividends shall be paid. (See: Proxy)

noun

• administrator
• boss
• chief
• curator
• executive
• executor
• foreman
• governor
• guide
• inspector
• intendant
• leader
• manager
• overseer
• presiding officer
• principal
• proctor
• procurator
• superintendent
• supervisor Associated Concepts: board of directors
• de facto director
• de jure director
• director’s liability
• dummy director
• interlocking directorates

Browse or run a search for Director in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

Director in Historical Law

You might be interested in the historical meaning of this term. Browse or search for Director in Historical Law in the Encyclopedia of Law.

Search for legal acronyms and/or abbreviations containing Director in the Legal Abbreviations and Acronyms Dictionary.

You might be also interested in these legal terms:

Mentioned in these terms

Careless, Dummy, Insider, Master.

See also

See board of directors (in U.S. law) …. (Read more)

Director in Law Enforcement

Main Entry: Law Enforcement in the Legal Dictionary. This section provides, in the context of Law Enforcement, a partial definition of director.

Resources

See Also

• Law Enforcement Officer
• Policeman
• Law Enforcement Agency

Further Reading

• director in A Dictionary of Law Enforcement (Oxford University Press)
• director in the Encyclopedia of Law Enforcement
• A Treatise on the Police of the Metropolis

English Legal System: Director

In the context of the English law, A Dictionary of Law provides the following legal concept of Director :

An officer of a company appointed by or under the provisions of the *articles of associatio Directors may have a contract of employment with the company (service directors and *managing directors) or merely attend board meetings (nonexecutive directors). (See also shadow director). Contracts of employment can be inspected by company members; long-term contracts may require approval by ordinary resolution.Usually, general management powers are vested in the directors acting collectively, although they may delegate some or all of these powers to the managing director. Directors act as agents of their company, to which they owe *fiduciary duties (in the performance of which they must consider the interests of both company members and employees) and a *duty of care. Transactions involving a conflict between their duty and their personal interests are regulated by the Companies Acts. Directors can be dismissed by *ordinary resolution despite the terms of the articles or any contract of employment, but dismissal in these circumstances is subject to the payment of damages for breach of contract. Under the Company Directors Disqualification Act 1986, directors may be disqualified for *fraudulent trading or *wrongful trading and conduct that makes them unfit to be concerned in the management of companies.

Remuneration of directors for their services may be due under a contract of employment or determined by the general meeting. Particulars appear in the *accounts.