17-4614. Officers; election; agents and employees; removal.
17-4614
17-4614. Officers; election; agents and employees; removal.
The officers of a cooperative shall consist of a president,
vice-president, secretary and treasurer, who shall be elected annually by
and from the board of trustees. When a person holding any such office
ceases to be a trustee he shall cease to hold such office. The offices of
secretary and of treasurer may be held by the same person. The board of
trustees may also elect or appoint such other officers, agents, or
employees as it deems necessary or advisable and shall prescribe their
powers and duties. Any officer may be removed from office and his successor
elected in the manner prescribed in the bylaws.
History: L. 1941, ch. 185, § 14; June 30.