Usually, a corporation's directors do not have to be residents of the state where the company is incorporated, unless such residency is required by the articles of incorporation.

Name: Usually, a corporation's directors do not have to be residents of the state where the company is incorporated, unless such residency is required by the articles of incorporation.
Brand: Quizplus
Rating: 4.9 (32 reviews)

Question

Quizplus · Accepted Answer

The statement is correct. Directors can be from any location unless otherwise specified in the articles of incorporation.

Usually, a Corporation's Directors Do Not Have to Be Residents