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Model Business Corporation Act
A set of model statutes prepared by the American Bar Association to provide a standard framework for the incorporation and governance of corporations in the United States.
Indemnified
Protected or secured against financial loss or other legal liabilities.
Nominating Committee
A group within an organization responsible for proposing candidates for board of directors or other leadership roles, ensuring suitable and qualified nominations.
Slate Of Directors
A list or group of candidates nominated to serve on the board of directors for an organization or corporation.
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