De Jure Director
/ˌdiː ˈdʒʊər.i dɪˈrɛktər/
Definitions
- (n.) A director who is legally appointed and has all the rights and duties conferred by law or the company's constitution.
The de jure director has the authority to make binding decisions on behalf of the corporation.
- (n.) A director whose appointment is valid and recognized by law, as opposed to a de facto director who acts without proper appointment.
Although he acted as a director, he was not a de jure director because he had not been formally appointed.
Forms
- de jure director
- de jure directors
Related terms
See also
Commentary
Distinguish carefully between de jure and de facto directors in drafting to clarify legal status and authority.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.