17-5213. Executive committee; powers.

17-5213

Chapter 17.--CORPORATIONS Article 52.--SAVINGS AND LOAN CODE; INCORPORATION AND ORGANIZATION

      17-5213.   Executive committee; powers. The bylaws may provide for an executive committee which shall have the powers of the board of directors between meetings of the board of directors, except the power of amendment of the bylaws. A majority of said committee shall be directors of the association.

      History:   L. 1943, ch. 133, § 14; July 1.