☰ Revisor of Missouri

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

Chapter 370

< > Effective - 28 Aug 1984 bottom

  370.180.  Board of directors, committees — election — terms — oath. — 1.  At the annual meeting the members shall elect a board of directors and, if the bylaws so provide, a credit committee and a supervisory committee.  If the bylaws so provide, a supervisory committee may be appointed by the board of directors, one of whom may be a director other than a compensated officer of the board.

  2.  A credit committee shall be appointed by the board of directors, unless the bylaws provide for the election of such committee or, in the alternative, do not provide for such committee and provide for the appointment by the board of a credit manager.

  3.  All members of the board and committees and all officers shall be sworn, and shall hold their several offices for such terms as may be provided in the bylaws.

  4.  The oath shall be subscribed by the individual taking it and certified by the officer before whom it is taken and shall immediately be transmitted to the director and filed and preserved in his office.

­­--------

(RSMo 1939 § 5528, A.L. 1984 H.B. 962)

Prior revision: 1929 § 5086


---- end of effective  28 Aug 1984 ----

use this link to bookmark section  370.180


Click here for the Reorganization Act of 1974 - or - Concurrent Resolutions Having Force & Effect of Law
In accordance with Section 3.090, the language of statutory sections enacted during a legislative session are updated and available on this website on the effective date of such enacted statutory section. Revisor Home    

Other Information
 Recent Sections Editorials May Be Cited As Tables & Forms Multiple Enact
Repeal & Transfer Definitions End Report

Site changes Pictures Contact

Other Links
Legislative Research Oversight MOLIS
Library MO WebMasters
Senate
Missouri Senate
State of Missouri
MO.gov
House
Missouri House