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Arkansas Code Title 14. Local Government § 14-138-109. Corporate officers

Current as of March 28, 2024 | Updated by Findlaw Staff

(a)(1) The officers of the corporation shall consist of a chairman, vice chairman, a secretary, a treasurer, and such other officers as the board shall deem necessary to accomplish the purposes for which the corporation was organized.

(2) The offices of secretary and treasurer may, but need not, be held by the same person.

(b)(1) The chairman and vice chairman of the corporation shall be elected by the board from its membership.

(2) The secretary, the treasurer, and any other officers of the corporation, who may, but need not, be members of the board, shall also be elected by the board.

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Cite this article: FindLaw.com - Arkansas Code Title 14. Local Government § 14-138-109. Corporate officers - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-14-local-government/ar-code-sect-14-138-109/

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