26-2178 — OFFICERS -- IDAHO CORPORATE CREDIT UNION


                                  TITLE  26
                              BANKS AND BANKING
                                  CHAPTER 21
                            IDAHO CREDIT UNION ACT
    26-2178.  OFFICERS -- IDAHO CORPORATE CREDIT UNION. Within sixty (60) days
following the organizational meeting and at each annual meeting, the directors
shall elect from their own number a chairman, one (1) or more vice-chairmen, a
treasurer and a secretary, of whom the last two (2) may be the same
individual. An assistant treasurer may be appointed by the board of directors.
The chairman and secretary shall execute a certificate of election which shall
set forth the names and addresses of the officers, directors and members
elected or appointed. The certificate of election shall be executed on a form
approved by the department of finance and one (1) copy of each shall be filed
with the department of finance within ten (10) days after such election or
appointment. The terms of the officers shall be for such terms respectively as
the bylaws provide, and until their successors are chosen and have been duly
qualified.