§ 164 Definition Of Directors

• •Directors must be real people, not other companies.
• •Someone becomes a director if the articles of incorporation name them as such.
• •Someone also becomes a director if the incorporators elect them or if they are appointed under any other name or title, and the rule also covers their successors.

A new company writes in its articles of incorporation that Bob will be a director, and later the founders vote to add Carol as a director.

Because Bob was named in the articles and Carol was elected by the founders, both are considered directors under this law.