US Laws, Codes, Statutes & Cases

§129.  Duties of officers

The president or, in his absence, the one so designated to act for him, shall preside at all meetings of the directors and of the policyholders, unless otherwise provided in the charter or bylaws.  The secretary shall keep a record of the votes and proceedings of all meetings of the directors and policyholders.  The secretary, or other authorized officer, shall keep a record of the policyholders, and of all policies issued and all authorized assignments, cancellations and transfers thereof.  He shall keep such other books and perform such other duties as the president and directors may require.  The intentional making of any false record by the secretary or any other officer of the insurer shall be deemed an act of perjury.  

Acts 1958, No. 125.  Amended by Acts 1974, No. 4, §1.