OFFICERS
Known as the Texas Savings and Loan Act
The act spans §§ 61–89 (217 sections).
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff
(a) The officers of an association are:
(1) a president;
(2) one or more vice presidents;
(3) a secretary; and
(4) other officers prescribed by the bylaws.
(b) The board shall elect the officers by a majority vote.
(c) The president must be a member of the board.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.