518.7 Officers and directors — election. Officers or directors shall be elected in the manner and for the length of time prescribed in the articles of incorporation. The same person shall not simultaneously hold the officesof president and secretary. A director shall be a member of the association unless otherwiseapproved by the commissioner. [C66, 71, 73, 75, 77, 79, 81, §518.7]97 Acts, ch 186, §22; 2000 Acts, ch 1023, §35; 2023 Acts, ch 138, §1, 3Section amended Sat Dec 23 00:50:26 2023 Iowa Code 2024, Section 518.7 (18, 1)
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