US Lawyer Database

456.105 Board of directors; selection of officers.

Sec. 5.

It shall be the duty of said board of directors to choose from their own number a president and vice-president, and also to elect suitable persons as treasurer and secretary of such corporation, and from time to time to appoint a superintendent and such other subordinate officers as may be required by the by-laws.

History: 1869, Act 12, Imd. Eff. Feb. 19, 1869 ;– CL 1871, 3412 ;– How. 4767 ;– CL 1897, 8403 ;– CL 1915, 11164 ;– CL 1929, 10444 ;– CL 1948, 456.105