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CORPORATOR. One who is a member of a corporation.
     2. In general, a corporator is entitled to enjoy all the benefits and rights which belong to any other member of the corporation as such. But in some corporations, where the rights are of a pecuniary nature, each corporator is entitles to those rights in proportion to his interest; he will therefore be entitled to vote only in proportion to the amount of his stock, and be entitled to dividends in the same proportion.
     3. A corporator is not in general liable personally for any act of the corporation, unless he has been made so by the charter creating the corporation.

References in periodicals archive ?
Esler were elected to 10-year terms on the bank's board of corporators.
He along with others conspired to kill two corporators and one Hindu leader in Hyderabad".
The Rs10 million development fund for corporators was introduced in the 2009-10 budget.
Amid high drama, all the 21 opposition Corporators remained in the Corporation Council Hall after Dy Mayor Griston adjourned the meetings indefinitely at 2000 hrs yesterday.
In the 228-member house, Shiv Sena has 81 corporators, BJP 29, Akhil Bharatiya Sena 2 and 3 Independents.
Approval of the Merger Agreement required the affirmative vote of at least two-thirds of the seventy-two corporators of Service MHC.
OB), announced today that the previously announced agreement and plan of merger with Assabet Valley Bancorp was unanimously approved by Westborough Bancorp, MHC corporators in attendance at the annual meeting last evening.
The demolition took place on the day the Patna High Court declined to remove Narayan from his post while hearing a plea of seven corporators who had accused him of not discharging his duties properly.
Walsh, who was named president and CEO in September 1993, finalized his plans with the bank's board of trustees at their September meeting and informed employees and the bank's corporators late last month, though the timetable has been discussed informally for some time.
Majlis corporators stormed the mayor's chamber in the Greater Hyderabad Municipal Corporation (GHMC) office and demanded her resignation or dismissal for her "communal" utterances.
Raj Thackeray's MNS also avoided the mayoral elections with six of its corporators not taking part in the voting process.
The transaction remains subject to several conditions, including the receipt of regulatory approvals, and the approval of two-thirds of the respective corporators of each of Service MHC and Middlesex Bancorp, MHC, a mutual holding company which Middlesex is expected to form (subject to receipt of required approvals) prior to the consummation of the transactions contemplated by the Merger Agreement.