(a) By its bylaws, any cooperative may provide for an executive committee to be elected from and by its board of directors.
(b) To such committee may be delegated the management of the current and ordinary business of the cooperative and such other duties as the bylaws may prescribe, but the designation of the committee and the delegation of authority thereto shall not operate to relieve the board of directors or any member thereof of any responsibility imposed upon it or him or her by this subchapter.
Section: Previous 23-17-215 23-17-216 23-17-217 23-17-218 23-17-219 23-17-220 23-17-221 23-17-222 23-17-223 23-17-224 23-17-225 23-17-226 23-17-228 23-17-229 23-17-230 NextLast modified: November 15, 2016