executive committee
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 226 U.S. 470 - United States of America v. Union Pacific Railroad Company · 1913Most cited · 41 citing opinions
The ultimate determination of the affairs of a corporation rests with its stockholders, and arises from their power to choose the governing board of directors. Unless otherwise provided by law, the stockholders may authorize the board of directors to delegate to an executive committee the authority to do any and all acts which the directors are authorized to do. The executive committee thus derives its authority from the stockholders through the board of directors.
How often courts cite the case defining “executive committee”
Court decisions citing the opinion that defined “executive committee” — 41 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.