Ark. Code Ann. § 2-2-113
This is the official text of Ark. Code Ann. § 2-2-113, part of Arkansas’s Code Ann — part of the compiled statutory law of Arkansas, published by the state as "Code Ann." Browse the sections below, each linked to its official government source.
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Officers
Official statutory text
(a) The board of directors shall elect a president, one (1) or more vice presidents, a secretary, and a treasurer, and they may combine the two (2) latter officers and designate the combined office as secretary-treasurer. (b) (1) The treasurer may be a bank or any depository, and as such shall not be considered as an officer but as a functionary of the board. (2) In such case, the secretary shall perform the usual accounting duties of the treasurer, excepting that the funds shall be deposited only as authorized by the board. Acts 1939, No. 153, § 13; A.S.A. 1947, § 77-1013.
(a) The board of directors shall elect a president, one (1) or more vice presidents, a secretary, and a treasurer, and they may combine the two (2) latter officers and designate the combined office as secretary-treasurer.
(b) (1) The treasurer may be a bank or any depository, and as such shall not be considered as an officer but as a functionary of the board. (2) In such case, the secretary shall perform the usual accounting duties of the treasurer, excepting that the funds shall be deposited only as authorized by the board.
(1) The treasurer may be a bank or any depository, and as such shall not be considered as an officer but as a functionary of the board.
(2) In such case, the secretary shall perform the usual accounting duties of the treasurer, excepting that the funds shall be deposited only as authorized by the board.
Acts 1939, No. 153, § 13; A.S.A. 1947, § 77-1013.
(a) The board of directors shall elect a president, one (1) or more vice presidents, a secretary, and a treasurer, and they may combine the two (2) latter officers and designate the combined office as secretary-treasurer.
(b) (1) The treasurer may be a bank or any depository, and as such shall not be considered as an officer but as a functionary of the board. (2) In such case, the secretary shall perform the usual accounting duties of the treasurer, excepting that the funds shall be deposited only as authorized by the board.
(1) The treasurer may be a bank or any depository, and as such shall not be considered as an officer but as a functionary of the board.
(2) In such case, the secretary shall perform the usual accounting duties of the treasurer, excepting that the funds shall be deposited only as authorized by the board.
Acts 1939, No. 153, § 13; A.S.A. 1947, § 77-1013.
Status: in_force
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