The board of directors of a state bank or credit union shall elect or appoint a president, a treasurer, a secretary, and the other officers as prescribed in its organizational documents. The officers shall be elected or appointed no less frequently than once every 3 years and shall hold office subject to the pleasure of the board of directors.
N.H. Rev. Stat. Ann. § 383-A:5-504
Officers
Known as the Bank and Credit Union Act
The act spans §§ 383-A:1-101 to 383-A:9-904 (63 sections).
Source. 2015, 272:16, eff
Official source: New Hampshire General Court. Reproduced from public-domain New Hampshire statutes; confirm against the official source for the current text. Not legal advice.