§ 54149. — 54149. (Amended by Stats. 1967, Ch. 107.)

California § 54149.

• Jurisdiction: California
• Code FAC: Food and Agricultural Code - FAC
• Div. 20.: DIVISION 20. PROCESSORS, STORERS, DEALERS, AND DISTRIBUTORS OF AGRICULTURAL PRODUCTS
• Ch. 1.: CHAPTER 1. Nonprofit Cooperative Associations
• Art. 6.: ARTICLE 6. Directors and Management

Text

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.
The treasurer may be a bank or any 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.

Legislative History

Amended by Stats. 1967, Ch. 107.