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LSDefine

Simple English definitions for legal terms

provisional director

Read a random definition: jus portus

A quick definition of provisional director:

A provisional director is someone who is appointed by a court to help manage a company when the regular directors can't agree on what to do. They are like a temporary boss who helps make important decisions until the regular directors can figure things out.

A more thorough explanation:

A provisional director is a person appointed by a court to serve on a close corporation's deadlocked board of directors. A close corporation is a type of corporation that has a limited number of shareholders and is not publicly traded. When the board of directors of a close corporation is unable to make decisions due to a deadlock, a provisional director can be appointed to break the tie and make decisions on behalf of the corporation.

For example, if a close corporation has three directors and they are unable to agree on a decision, a court may appoint a provisional director to break the tie and make the decision for the corporation. The provisional director is not a permanent member of the board of directors and is only appointed for a specific period of time until the deadlock is resolved.

provisional attachment | provisional exit

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OMG U MEAN A NEW ALBUM OMGG NOW I CAN BE DISTRACTED AGAIN
shaquilleoatmeal
17:14
Nah not a Garmin, Apple watch
We not gonna see splitterus for 4 hrs
HAHAHAHHA
MRS CLITTERUS
JumpySubsequentDolphin
17:17
I’ve barely gotten through chromakopia I can’t deal with another album drop rn
JumpySubsequentDolphin
17:17
this is so stressful
wait but actually is there no wave today
i dont really like chromakopia that much i also havent gotten thru it
JumpySubsequentDolphin
17:18
idk splitty :(
if there's no gtown today that would be so cruel
surely gtown 12 minutes from now
I'm a chromokopia fan, but I don't like Tyler outside of that album
theres the spirit!!
JumpySubsequentDolphin
17:18
@SplitterusClitterus: did you like cmiygl? that’s one of my all time fave albums
Kind of a controversial take. I like experimental albums a lot
babycat
17:19
liking chromakopia and not Tyler's other stuff is crazy to me
JumpySubsequentDolphin
17:19
perhaps im biased bc i saw him live when he performed cmiygl for the first time
i think it is a controverisal take and i usually do too, i also think im giving an opinion too early cuz i habvent finished it at all
yeah seeing him live prob makes it a million times better
Thought I was dead is great raps
2024 such a great year for rap
JumpySubsequentDolphin
17:21
i like noid
even outside the beef. Noid is great too
JumpySubsequentDolphin
17:22
boogies album was the worst ever
JumpySubsequentDolphin
17:22
and i LOVE boogie
JumpySubsequentDolphin
17:23
like i would do anything for one chance w that man but better off alone and me vs myself were both not good
He's never really been my style tbh
shaquilleoatmeal
17:43
went to eat - did anyone guess the bowl lmao
shaquilleoatmeal
17:43
ooo yall were too busy with that kendrick shit
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