Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 10. Corporations and Associations |
Chapter 19. CORPORATIONS AND ASSOCIATIONS NOT FOR PROFIT |
Article 1. Cooperative Marketing Associations |
Sec 10-2012. Organization of board of directors
Latest version.
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The directors shall elect from their number a president and one or more vice-presidents, and a secretary and treasurer, who need not be members. The offices of secretary and treasurer may be combined. The funds of the association shall be deposited only as authorized by the board.