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Texas Business Organizations Code - Section 251.102. Officers

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§ 251.102. OFFICERS. (a) The directors of a cooperative association shall annually elect, unless otherwise provided by the bylaws, the following officers for the cooperative association: (1) a president; (2) one or more vice presidents; and (3) a secretary and treasurer or a secretary-treasurer. (b) Any two or more offices, other than the offices of president and secretary, may be held by the same person. (c) The officers of a cooperative association may be designated by other titles as provided by the certificate of formation or the bylaws of the cooperative association. (d) A committee duly designated by the board of directors may perform the functions of any office, and the functions of any two or more officers may be performed by a single committee, including the functions of both president and secretary. Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.

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Last modified: August 11, 2007