§702-229 Definitions relating to corporations and unincorporated associations. As used in sections 702-227 and 702-228:

(1) "Corporation" does not include an entity organized as or by a governmental agency for the execution of a governmental program.

(2) "Agent" means any director, officer, servant, employee or other person authorized to act in behalf of the corporation or association and, in the case of an unincorporated association, a member of such association.

(3) "High managerial agent" means an officer of a corporation or an unincorporated association, or, in the case of a partnership, a partner, or any other agent of a corporation or unincorporated association having duties of such responsibility that his conduct may fairly be assumed to represent the policy of the corporation or the unincorporated association. [L 1972, c 9, pt of §1]

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