La. Rev. Stat. § 3:81
This is the official text of La. Rev. Stat. § 3:81, part of Louisiana’s Rev. Stat — part of the compiled statutory law of Louisiana, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.
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Officers
Official statutory text
The directors shall elect from their number a president and one or more vice presidents. They shall also elect a secretary and a treasurer, who need not be directors or members of the association, and they may combine the two latter offices and designate the combined office as secretary-treasurer. 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 of directors. 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 of directors.
Amended by Acts 1952, No. 127, §1.
Amended by Acts 1952, No. 127, §1.
Status: in_force · Read it on the official government site
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