The officers of an association shall consist of a president, one or more vice presidents, a secretary and other officers as prescribed by the bylaws. Officers shall be elected by majority vote of the board of directors.
History: 1953 Comp., § 48-15-66, enacted by Laws 1967, ch. 61, § 22.
Am. Jur. 2d, A.L.R. and C.J.S. references. — 10 Am. Jur. 2d Banks §§ 77 to 79.
9 C.J.S. Banks and Banking §§ 97, 98; 12 C.J.S. Building and Loan Associations § 9.
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