Effective - 28 Aug 1939
394.150. Officers — removal. — The officers of a cooperative shall consist of a president, vice president, secretary and treasurer, who shall be elected annually. No person shall continue to hold the offices of president or vice president after he shall have ceased to be a director. The offices of secretary and of treasurer may be held by the same person and need not be a member of the board of directors. The board of directors may also elect or appoint such other officers, agents, or employees as it shall deem necessary or advisable and shall prescribe the powers and duties thereof. Any officer may be removed from office and his successor elected in the manner prescribed in the bylaws.
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(RSMo 1939 § 5397)
Structure Missouri Revised Statutes
Title XXV - Incorporation and Regulation of Certain Utilities and Carriers
Chapter 394 - Rural Electric Cooperatives
Section 394.010 - Designation of chapter.
Section 394.020 - Definitions.
Section 394.030 - Formation of cooperative corporations authorized.
Section 394.040 - Who may organize.
Section 394.050 - Articles of incorporation — where filed.
Section 394.060 - Name of cooperative shall include what.
Section 394.070 - Corporation may become subject to provisions of chapter, how.
Section 394.080 - Powers, generally — may supply energy to certain cities, towns and villages, when.
Section 394.090 - Articles may be amended, how.
Section 394.100 - Articles to be filed with secretary of state.
Section 394.110 - Bylaws to be adopted.
Section 394.130 - Territory supplied by cooperative may be divided into voting districts.
Section 394.140 - Directors to manage cooperative.
Section 394.150 - Officers — removal.
Section 394.170 - Revenues of cooperative — disposition.
Section 394.180 - Sale of property by cooperative — membership approval required.
Section 394.190 - Effect of mortgage or deed of trust executed by cooperative.
Section 394.210 - Cooperatives may consolidate, how.
Section 394.220 - Cooperatives may merge, how.
Section 394.230 - Effect of consolidation or merger.
Section 394.240 - Dissolution of cooperative — procedure.
Section 394.250 - Fees to be collected by director of revenue.
Section 394.270 - Members not to be liable for debts of cooperative.
Section 394.280 - Provisions of securities law not to apply.
Section 394.290 - Acknowledgments, who may take.
Section 394.300 - Waiver of notice shall be deemed equivalent to such notice, when.