Montana Statutes
§ 35-18-314 — Officers
Montana·Title 35 CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS·Ch. 18 RURAL COOPERATIVE UTILITIES·Part 3 Operation -- Members, Trustees, and Officers
35-18-314 . Officers. The officers of a cooperative consist of a president, vice president, secretary, and treasurer who must be elected annually by and from the board of trustees. A person may not continue to hold any office after the person ceases to be a trustee. The offices of secretary and of treasurer may be held by the same person. The board of trustees may also elect or appoint other officers, agents, or employees that it considers necessary or advisable and shall prescribe the powers and duties of those offices. Any officer may be removed from office and a successor elected in the manner prescribed in the bylaws.
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Legislative History
En. Sec. 11, Ch. 172, L. 1939; R.C.M. 1947, 14-511; amd. Sec. 1338, Ch. 56, L. 2009.
Nearby Sections
15
§ 35-18-101
Short Title§ 35-18-102
Definitions§ 35-18-103
Construction§ 35-18-105
Permissible Purposes For Incorporation§ 35-18-106
Powers Of Cooperatives§ 35-18-107
Foreign Corporations§ 35-18-108
Waiver Of Notice§ 35-18-201
Name§ 35-18-202
Incorporators§ 35-18-203
Articles Of Incorporation§ 35-18-204
Amendment Of Articles Of Incorporation§ 35-18-205
Change Of Principal Office Without Amendment