California § 26226.8. 26226.8. (Added by Stats. 2017, Ch. 27, Sec. 107.)

California Statutes

§ 26226.8. — 26226.8. (Added by Stats. 2017, Ch. 27, Sec. 107.)

California·Code BPC Business and Professions Code - BPC·Div. 10. DIVISION 10. Cannabis·Ch. 22. CHAPTER 22. Cannabis Cooperative Associations·Art. 6. ARTICLE 6. Directors and Management

(a)The directors shall elect a president, one or more vice presidents, a secretary, a treasurer, and such other officers as may be prescribed by the bylaws. Any two or more offices, except those of president and secretary, may be held by the same person.

(b)The treasurer may be a bank or a depository and, as such, shall not be considered as an officer, but as a function of the board of directors. In such case, the secretary shall perform the usual accounting duties of the treasurer, except that the funds shall be deposited only as and where authorized by the board of directors.

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(a)
The directors shall elect a president, one or more vice presidents, a secretary, a treasurer, and such other officers as may be prescribed by the bylaws. Any two or more offices, except those of president and secretary, may be held by the same person.
(b)
The treasurer may be a bank or a depository and, as such, shall not be considered as an officer, but as a function of the board of directors. In such case, the secretary shall perform the usual accounting duties of the treasurer, except that the funds shall be deposited only as and where authorized by the board of directors.

California § 26226.8. (26226.8. (Added by Stats. 2017, Ch. 27, Sec. 107.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.