380.411. Officers, how selected, tenure.
Officers, how selected, tenure.
380.411. Unless the articles of incorporation shall provideotherwise concerning the election of such officers, the directorsshall elect from their number a president and a vice president.The directors shall also select a secretary and treasurer andsuch additional officers as they may deem necessary, who may ormay not be members of the company. The offices of secretary andtreasurer may be occupied by one person. Unless otherwiseprovided in the articles of incorporation, the term of all ofsuch officers shall be not less than one year nor more than threeyears and until their successors are elected or selected andqualified.
(L. 1984 H.B. 1498)Effective 1-1-85