N.D. Cent. Code § 4.1-45-10

4.1-45-10. Officers - Duties

1. The president is the principal executive officer of the association and shall supervise

and control the business and affairs of the association and preside at all meetings of

the association and the board of directors. The president may sign, with the secretary

or any other officer of the association authorized by the board of directors, any deeds,

mortgages, bonds, contracts, or other instruments the board of directors has

authorized to be executed, except when the signing is expressly delegated by the

board of directors, the bylaws, or law to some other officer or agent of the association.

The president shall perform all duties incident to the office of president and duties as

may be prescribed by the board of directors.

2. In the absence, inability, or refusal to act of the president, the vice president shall

perform the duties of the president and when so acting has all the power of and is

subject to all the restrictions upon the president. If there is more than one vice

president, the vice president elected or appointed earliest in time shall perform the

duties of the president. A vice president shall perform such duties as assigned by the

president or board of directors.

3. If required by the board of directors, the treasurer shall give a bond for the faithful

discharge of the treasurer's duties in a sum with that surety as determined by the

board. The treasurer shall perform or supervise the performance of all the duties

incident to the office of the treasurer and shall:

a. Keep accurate financial records for the association;

b. Deposit all money, drafts, and checks in the name of and to the credit of the

association in the depositories designated by the board;

c. Endorse for deposit all notes, checks, and drafts received by the association as

directed by the board, making proper vouchers;

d. Disburse association funds and issue checks and drafts in the name of the

association, as directed by the board;

e. Give to the president and the board, when requested, an account of all

transactions by the treasurer and of the financial condition of the association; and

f. Perform other duties assigned by the board or the president.

4. The secretary shall keep the minutes of the meetings of the board of directors; see

that all notices are duly given in accordance with the bylaws or as required by law; be

custodian of the association records; keep a register of the post-office address of each

member as furnished to the secretary by the member; and, in general, perform or

supervise the performance of all duties incident to the office of secretary and other

duties as assigned by the president or by the board of directors.

5. Any other officers created by the board of directors may be required to give bonds for

the faithful discharge of their duties in such sum and with such sureties as determined

by the board of directors and shall perform duties assigned to them by the treasurer,

secretary, president, or board of directors.