Section 5-517 - Required and permitted officers.

§ 5-517. Required and permitted officers.
 

(a)  Required officers.- Each cooperative shall have the following officers: 

(1) A president; 

(2) A vice president; 

(3) A secretary; and 

(4) A treasurer. 

(b)  Permitted officers.- In addition to the required officers, a cooperative may have any other officer provided for in the bylaws. 

(c)  Certain officers to be directors.- The president and vice president shall be elected from among the directors. 
 

[An. Code 1957, art. 23, § 362; 1975, ch. 311, § 2; 1999, ch. 34, § 8.]