Executive Officer Law and Legal Definition

According to 15 USCS § 77ccc[Title 15. Commerce and Trade; Chapter 2a. Securities and Trust Indentures; Trust Indentures] the term executive officer means “the president, every vice president, every trust officer, the cashier, the secretary, and the treasurer of a corporation, and any individual customarily performing similar functions with respect to any organization whether incorporated or unincorporated, but shall not include the chairman of the board of directors.”