Officers.

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A. The officers of each association established pursuant to the Cooperative Marketing Association Act shall be a president, one or more vice-presidents, a secretary and a treasurer and other officers as may be authorized in the bylaws.

B. The president and at least one of the vice-presidents must be directors of the association, unless the bylaws of the association provide to the contrary.

C. The office of secretary and treasurer may be combined.

D. Officers shall be elected by the directors in the manner and for terms as provided by the bylaws.

Added by Laws 1937, p. 266, § 16. Amended by Laws 1986, c. 36, § 1, emerg. eff. March 24, 1986; Laws 2001, c. 38, § 16, eff. Nov. 1, 2001. Renumbered from § 361o of this title by Laws 2001, c. 38, § 26, eff. Nov. 1, 2001.


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