§ 5-517. Required and permitted officers

Latest version.

   (a) Required officers. -- Each cooperative shall have the following officers:

   (1) A president;

   (2) A vice president;

   (3) A secretary; and

   (4) A treasurer.

(b) Permitted officers. -- In addition to the required officers, a cooperative may have any other officer provided for in the bylaws.

(c) Certain officers to be directors. -- The president and vice president shall be elected from among the directors.

HISTORY: An. Code 1957, art. 23, § 362; 1975, ch. 311, § 2; 1999, ch. 34, § 8.

                    
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