Corporation Law of the Republic of Panama
Law 32 of February 26, 1927

CHAPTER VI:

Officers

ARTICLE 65. Every corporation shall have a President, a Secretary and a Treasurer, who shall be chosen by the Board of Directors and may also have such other officers, agents and representatives as the Board of Directors or the by-laws or the articles of incorporation may determine and who shall be chosen in the manner provided thereby.

ARTICLE 66. Any person may hold two or more offices, if so provided by the articles of incorporation or by the by-laws.

ARTICLE 67. No officer need be a director of the corporation unless the articles of incorporation or by-laws so require.

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21/03/2007
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