17-5221. Organization meeting.

17-5221

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

      17-5221.   Organization meeting. Within thirty days after the corporate existence of any association shall begin, the directors of the association shall hold an organization meeting and shall elect officers pursuant to the provisions of this act and the bylaws. At the organization meeting the directors shall take such other action as is appropriate in connection with beginning the transaction of business by the association.

      History:   L. 1943, ch. 133, § 22; July 1.