RCW 23.86.085
Election of officers.
The directors shall elect a president and one or more vice presidents, who need not be directors. If the president and vice presidents are not members of the board of directors, the directors shall elect from their number a chair of the board of directors and one or more vice chairs. They shall also elect a secretary and treasurer, who need not be directors, and they may combine the two offices and designate the combined office as secretary-treasurer. The treasurer may be a bank or any depository, and as such shall not be considered an officer but a function of the board of directors. In such case, the secretary shall perform the usual accounting duties of the treasurer, except that the funds shall be deposited only as authorized by the board of directors.
[ 2011 c 336 § 654; 1989 c 307 § 11.]
NOTES:
Legislative finding—1989 c 307: See note following RCW 23.86.007.
Structure Revised Code of Washington
Title 23 - Corporations and Associations (Profit) (Business Corporation Act: See Title 23b Rcw)
Chapter 23.86 - Cooperative Associations.
23.86.010 - Cooperative associations—Who may organize.
23.86.020 - Business authorized.
23.86.022 - Certificate of authority as insurance company—Filing of documents.
23.86.030 - Association name—Immunity from liability of association board members and officers.
23.86.050 - Articles—Contents.
23.86.070 - Applicable fees, charges, and penalties.
23.86.075 - Fees for services by secretary of state.
23.86.080 - Directors—Election and appointment.
23.86.085 - Election of officers.
23.86.087 - Removal of officers or directors.
23.86.090 - Amendments to articles.
23.86.105 - Member liability—Termination.
23.86.135 - Members right to dissent—Exception for members of a rural electric association.
23.86.145 - Rights of dissenting members.
23.86.160 - Apportionment of earnings.
23.86.170 - Distribution of dividends.
23.86.191 - Indemnification of agents of any corporation authorized.
23.86.195 - Cooperative associations organized under other statutes—Reorganization under chapter.
23.86.330 - Administrative dissolution.
23.86.350 - Application of RCW 24.06.100 and 24.06.105.
23.86.360 - Application of Title 23B RCW.
23.86.370 - Application of Article 5 of chapter 23.95 RCW.
23.86.400 - Locally regulated utilities—Attachments to poles.
23.86.420 - Conversion of domestic association to limited cooperative association—Procedure.