Below is information about RESPONSIBLE CORPORATE OFFICER DEFINITION from a variety of sources. Please take a look at the materials that our team has selected for you.
https://www.epa.gov/fuels-registration-reporting-and-compliance-help/what-definition-responsible-corporate-officer-0#:~:text=The%20%22responsible%20corporate%20officer%22%20means%20a%20person%20who,for%20the%20refining%2C%20importing%2C%20or%20oxygenate%20blending%20activity.
https://www.epa.gov/fuels-registration-reporting-and-compliance-help/what-definition-responsible-corporate-officer-0
The "responsible corporate officer" means a person who is an officer of the corporation under the laws of incorporation of the state in which the company is incorporated, and who in the corporate structure is the person ultimately responsible for the refining, importing, or oxygenate blending activity.
https://www.upcounsel.com/corporate-officer-definition
https://www.lawinsider.com/dictionary/responsible-officer-of-the-company
Responsible Officer of the Company means the Chairman, the President, the Chief Executive Officer, the Chief Financial Officer, any Vice-President, Assistant Vice President, the Secretary, any Assistant Secretary, or any other officer of the Company customarily performing functions similar to those performed by any of the above designated officers;
https://www.quimbee.com/keyterms/responsible-corporate-officer-doctrine
Responsible-Corporate-Officer Doctrine Definition Also known as the Park doctrine, a strict-liability theory that permits corporate officers to be prosecuted for misdemeanor criminal offenses without having to establish their intent or that they were directly involved in …
https://www.stimmel-law.com/en/articles/corporate-officers-duties-and-fiduciary-responsibilities
The Three Basic Types of Fiduciary Duties. Most states, including California, maintain three basic fiduciary duties. 1) Duty of Care – directors and officers must use care and be diligent when making decisions on behalf of the corporation and its shareholders (who are the true owners of the corporation). Directors and officers meet their duty ...
https://www.wnj.com/publications/the-responsible-corporate-officer-doctrine-findi
Under the responsible corporate officer (RCO) doctrine, individual corporate officers can be found guilty of violating a variety of federal laws, such as the Federal Food, Drug and Cosmetic Act (FDCA), without exhibiting any unlawful intent, negligence, knowledge of the violation or direct participation in the wrongdoing.
https://www.lawdepot.com/blog/understanding-the-roles-of-officers-in-a-corporation/
A corporation is made up of shareholders, directors, and officers. While shareholders fund the corporation and directors make high-level decisions, officers make sure the corporation stays in operation by handling routine business. In other words, they carry the responsibility of managing day-to-day business for the corporation.
https://www.oklahoman.com/story/business/local/2014/08/17/what-you-need-to-know-about-the-responsible-corporate-officer-doctrine/60805392007/
The responsible corporate officer doctrine imposes strict liability on corporate officers based solely on their area of responsibility within the corporation, regardless of their knowledge of the underlying criminal activity or their participation in it.
https://www.skadden.com/-/media/files/publications/2018/12/theresponsiblecorporateofficerdoctrineprotectionsa.pdf
he responsible corporate officer (rco) doctrine— which allows for criminal prosecution and impris- onment of an individual who was not personally involved in or aware of corporate misconduct—has been the subject of heated discussion in light of food and drug administration (fda) and department of justice (doj) of- ficials’ threats of impending …
https://www.law.cornell.edu/cfr/text/40/122.22
for the purpose of this section, a responsible corporate officer means: (i) a president, secretary, treasurer, or vice-president of the corporation in charge of a principal business function, or any other person who perfoms similar policy- or decision-making functions for the corporation, or (ii) the manager of one or more manufacturing, …
Did you find the information you need about RESPONSIBLE CORPORATE OFFICER DEFINITION?
We hope you found all the information about RESPONSIBLE CORPORATE OFFICER DEFINITION you were looking for and more.
