274.120. Officers elected by directors. - Missouri Statutes

Officers elected by directors.

274.120. The directors shall elect from their number apresident and one or more vice presidents. They shall also electa secretary and a treasurer, who need not be directors or membersof the association; and they may combine the two latter officesand designate the combined office as secretary-treasurer; orunite both functions and titles in one person. The bylaws mayprovide for the election of the president and vice president bythe members, or their delegates, at annual meetings.

(RSMo 1939 § 14343, A.L. 1945 p. 78)

Prior revision: 1929 § 12685