PART I
ADMINISTRATION OF THE GOVERNMENT (Chapters 1 through 182)
TITLE XXII
CORPORATIONS
CHAPTER 156B
CERTAIN BUSINESS CORPORATIONS
Section 54
Powers of directors
Section 54. The directors may exercise all the powers of the corporation, except such as by law, by the articles of organization or by the by-laws of the corporation are conferred upon or reserved to the stockholders.
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