South Carolina § 34-26-630 Election of officers.

South Carolina Statutes

§ 34-26-630 — Election of officers.

South Carolina § 34-26-630

Title 34BANKING, FINANCIAL INSTITUTIONS AND MONEY

Ch. 26SOUTH CAROLINA CREDIT UNION ACT

This text of South Carolina § 34-26-630 (Election of officers.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.C. Code Ann. § 34-26-630 (2026).

Text

(1)At their organization meeting held within thirty days following each annual election, the board of directors shall elect from their own number a chairman of the board, one or more vice chairmen, a secretary, and a treasurer. The offices of secretary and treasurer may be combined. They shall also elect any other officers that are specified in the bylaws.

(2)The terms of the board officers shall be one year, or until their successors are chosen and have been duly qualified.

(3)The duties of the officers shall be prescribed in the bylaws.

(4)The board of directors shall appoint a president to act as the chief executive officer of the credit union and who will manage its operations.

(5)Notwithstanding any other provision of this act, a credit union may use any titles it chooses for the

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(1) At their organization meeting held within thirty days following each annual election, the board of directors shall elect from their own number a chairman of the board, one or more vice chairmen, a secretary, and a treasurer. The offices of secretary and treasurer may be combined. They shall also elect any other officers that are specified in the bylaws. (2) The terms of the board officers shall be one year, or until their successors are chosen and have been duly qualified. (3) The duties of the officers shall be prescribed in the bylaws. (4) The board of directors shall appoint a president to act as the chief executive officer of the credit union and who will manage its operations. (5) Notwithstanding any other provision of this act, a credit union may use any titles it chooses for the officials holding the positions described in this article, as long as such titles are not misleading.