Sentence examples for required directors from inspiring English sources

"It would be nice if funds required directors to own significant investments in funds they direct," he said.

Generally speaking, the construction of interlocking directorate network requires directors, supervisors, or senior managers to serve on no less than two companies.

Chesapeake requires directors receiving less than majority support to tender their resignations, which they did.

Specifically, it requires directors to have "a view to safeguarding jobs".

Federal law requires directors of nonprofit organizations to investigate accusations that charitable money has been misused.

"And the bylaws of many co-ops in New York City do not require directors to reside in the building," Mr. Metsch said, adding that many bylaws do not even require a director to hold shares.

At the annual meeting in 2012, however, a majority of shareholders voted to declassify Urban Outfitters' board, which would require directors to stand for election each year.

In March, in the latest move toward a more transparent corporate culture, the stock exchange announced plans to require directors to disclose dealings in their companies' shares promptly.

[Page C1.] Several lawmakers have introduced legislation that would require directors of mutual funds, including board chairmen, to be more independent from the management of the funds.

Mr. Bloomberg's main complaint is that the bill requires directors to pledge to do their "fiduciary duty" by protecting the authority's finances.

Yeung has already passed the "fit and proper persons" test which requires directors to declare they have no unspent criminal convictions.