§ 5-5A-15. Officers

Latest version.

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

   (1) President or chairman;

   (2) Vice president or vice chairman;

   (3) Secretary; and

   (4) Treasurer.

(b) Secretary and treasurer. -- The offices of secretary and treasurer may be combined.

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

(d) Election of president and vice president. -- The president or chairman and vice president or vice chairman shall be elected by and from among the directors.

HISTORY: 1985, ch. 739.

                    
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