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317A.301 Officers required.

A corporation must have one or more natural persons exercising the functions of the offices of president and treasurer, however designated. The board shall elect or appoint officers, except to the extent that the articles or bylaws provide that the members may elect or appoint officers.

HIST: 1989 c 304 s 47; 1990 c 488 s 21

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Revisor of Statutes