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LSDefine

Simple English definitions for legal terms

affiliated director

Read a random definition: Notice statute

A quick definition of affiliated director:

Affiliated Director: An affiliated director is a person who is appointed or elected to sit on a board that manages the affairs of a corporation or organization but has little or no direct interest in the corporation. They are also known as outside directors. Unlike inside directors who are also employees, officers, or major shareholders of the corporation, affiliated directors are not involved in the day-to-day operations of the company. They are appointed to represent the interests of the public or a special-interest group, such as preferred stockholders.

A more thorough explanation:

An affiliated director is a member of a corporate board who has little or no direct interest in the corporation. They are also known as an outside director. Unlike inside directors, who are also employees, officers, or major shareholders of the corporation, affiliated directors are independent and not involved in the day-to-day operations of the company.

For example, a retired CEO of another company may be appointed as an affiliated director to provide an outside perspective and bring their expertise to the board. Another example is a director elected or appointed to a corporate board to represent a special-interest group, such as the preferred stockholders.

These examples illustrate how affiliated directors bring diverse perspectives and expertise to the board, which can help improve decision-making and prevent conflicts of interest.

affidatus | affiliated group

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9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
soapy
9:43
USC still has not looked at my app
WorthlessAttractiveZombie
9:43
when did you submit soapy?
soapy
9:44
10/16
WorthlessAttractiveZombie
9:44
to be fair it took them almost 2 months for me to go under review
soapy
9:44
Feelin a bit stressed, as I've got no date change for Michigan either despite applying 10/7
WorthlessAttractiveZombie
9:45
I have not had a date change either for Mich but I've seen people get in without one so who knows
I applied 9/25 to like 6 schools and some (Houston) have no date change yet so dw
soapy
9:46
But do people get in without addresses going long?
WorthlessAttractiveZombie
9:46
it's tough to tell because a lot of people type out their addresses long to begin with
soapy
9:46
Ah. I didn't. Looking back, my Mich supplement kind of sucks, so there's that
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