(a) A state bank shall have a president, a secretary, and other officers as the directors may from time to time designate. An individual may hold more than one (1) office.
(b) The officers shall hold their offices for a term of one (1) year or until successors are elected unless sooner removed by the board of directors.
(c) The board shall require bonds of the officers as it shall deem proper and necessary to protect the funds of the state bank.
Section: Previous 23-48-314 23-48-315 23-48-316 23-48-317 23-48-318 23-48-319 23-48-320 23-48-321 23-48-322 23-48-323 23-48-324 23-48-325 23-48-326 23-48-327 NextLast modified: November 15, 2016