518.7 - OFFICERS AND DIRECTORS -- ELECTION.

        518.7  OFFICERS AND DIRECTORS -- ELECTION.         Officers or directors shall be elected in the manner and for the      length of time prescribed in the articles of incorporation.  The same      person shall not simultaneously hold the offices of president and      secretary.  A director shall be a member of the association.  
         Section History: Early Form
         [C66, 71, 73, 75, 77, 79, 81, § 518.7] 
         Section History: Recent Form
         97 Acts, ch 186, §22; 2000 Acts, ch 1023, §35