Arkansas § 2-2-113 Officers

Arkansas Statutes

§ 2-2-113 — Officers

Arkansas § 2-2-113

Title2

This text of Arkansas § 2-2-113 (Officers) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 2-2-113 (2026).

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.

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(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.