§ 25-305. Officers; surety bonds  


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  •    (a) Officers. -- The board of directors shall elect a chair, a secretary, and any other necessary officer from among its members.

    (b) Surety bonds. -- The board of directors shall obtain a surety bond for any officer or employee who is entrusted with money.


HISTORY: An. Code 1957, art. 25, § 178; 2013, ch. 119, § 2.