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removal may be conferred by the board. Any officer may resign at
any time by giving written notification to the corporation.
Section 5. PRESIDENT. The President shall be the general
manager and chief executive officer of the corporation and shall,
subject to the control of the Board of Directors have general
supervision, direction, and control of the business and the
officers of the corporation; and shall preside at all meetings of
the members and at all meetings of the Board of Directors. The
President shall have the general powers and duties of· management
usually vested in the office of President of a corporation, and
shall have such other powers and duties as may be prescribed by
the Board of Dir~ctors or the By-Laws.
Section 6. VICE-PRESIDENT. In the absence or disability of the
President, the vice-presidents in order of their rank as fixed by
the Board of Directors shall perform all the duties of the
President, and when so acting shall have the powers of, and be
subj ec.t to, the restrict ions upon, the President. The
vice-presidents shall have such other powers and perform such
other duties as may from time to time be prescribed for them by_
the ·Board of Directors or the By-Laws.
Section 7. SECRETARY. The Secretary shall keep, or cause to be
kept. a book of minutes at the - pr icipal off ice or such other
place as the Board of Directors m_ay order, of all meetings of
directors and the membership with the time and place of holding,
whether regular or special, and if special, how authorized, the
notice thereof given, the names of those present at the meetings
or directors, the number of members present and the proceedings
thereof.
The Secretary shall give, or cause to be given, notice of
all the meetings of the membership and of the Board of Directors
required by the By-Laws or by law to be given, and shall have
such other powers and perform such other duties as may be
prescribed by the Board of Directors of the By-Laws.
Section 8. : CHIEF FINANCIAL OFFICER. The Chief Financial
Officer shall keep and maintain, or cause to be kept and
maintained, adequate books and records of accounts of the
properties and business transactions of the corporation,
including accounts of the assets, liabilities, receipts,
disbursements, gains, losses, capital, retained earnings, and
shares. The books of account shall at all reasonable times be
open to inspection by any director and subject to audit annually
and with change of Financial Officer.
The Chief Financial Officer shall deposit all monies and
other valuables in the name and to the credit of the corporation
with such deposi tar ies as may be designated by the Board of
Directors and shall dispurse the funds of the corporation as may
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