Alaska § 06.45.110 - Executive officers.
Full text of Alaska Alaska Statutes § 06.45.110 — Executive officers., with citation guidance and answers to common questions.
§ 06.45.110. Executive officers.
(a) At its first meeting after the annual meeting of the members, the board of directors shall elect from its membership the executive officers of the credit union.
(b) An executive officer, other than the treasurer, may not be compensated as an officer.
(c) The offices of secretary and treasurer may be held by the same person.
(d) The duties of the officers are determined by the bylaws.
(e) The treasurer shall give bond with good and sufficient surety, in an amount and character to be determined by the board of directors in compliance with regulations adopted by the commissioner.
(f) The board of directors shall appoint a president to act as chief executive officer of the credit union and to be actively in charge of the operations of the credit union.
Frequently Asked Questions About Alaska § 06.45.110
What does Alaska Statutes § 06.45.110 cover?
Section 06.45.110 ("Executive officers.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 06.45.110?
A common citation format is "Alaska Statutes § 06.45.110" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 06.45.110 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.