HARRY HUGHES, Governor

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(2)  UNLESS THE BYLAWS PROVIDE OTHERWISE, THE
DIRECTORS SHALL BE ELECTED AT THE FIRST ANNUAL MEMBERSHIP MEETING
AND AT EACH SUBSEQUENT ANNUAL MEMBERSHIP MEETING, AND SHALL HOLD
OFFICE UNTIL THE NEXT ANNUAL MEMBERSHIP MEETING AND UNTIL THEIR
SUCCESSORS ARE ELECTED AND QUALIFIED.

(3)  THE BYLAWS MAY PROVIDE FOR STAGGERED TERMS OF
DIRECTORS AND DELEGATES.

5-5A-14.

(A)  THE BYLAWS MAY PROVIDE FOR ELECTION OF DIRECTORS AND
DELEGATES OF MEMBERS BY DISTRICT OR BY INTEREST GROUPS.

(B)  THE BYLAWS SHALL SPECIFY THE NUMBER AND MANNER OF
APPORTIONING DIRECTORS AND DELEGATES OF MEMBERS.

5-5A-15.

(A)  EACH COOPERATIVE SHALL HAVE THE FOLLOWING OFFICERS:

(1)  PRESIDENT OR CHAIRMAN;

(2)  VICE PRESIDENT OR VICE CHAIRMAN;

(3)  SECRETARY; AND

(4)  TREASURER.

(B)  THE OFFICES OF SECRETARY AND TREASURER MAY BE COMBINED.

(C)  IN ADDITION TO THE REQUIRED OFFICERS, A COOPERATIVE MAY
HAVE ANY OTHER OFFICERS PROVIDED FOR IN THE BYLAWS.

(D)  THE PRESIDENT OR CHAIRMAN AND VICE PRESIDENT OR VICE
CHAIRMAN SHALL BE ELECTED BY AND FROM AMONG THE DIRECTORS.

5-5A-16.

THE BYLAWS OF A COOPERATIVE SHALL PROVIDE FOR THE PROCESS OF
REMOVAL OF DIRECTORS AND OFFICERS, OFFICERS, AND DELEGATES.

5-5A-17.

THE BYLAWS OF A COOPERATIVE MAY PROVIDE FOR REMUNERATION OF
ITS OFFICERS AND DIRECTORS.

5-5A-18.

A PERSON SHALL BE ELIGIBLE FOR MEMBERSHIP IN A COOPERATIVE
IF THE QUALIFICATIONS FOR MEMBERSHIP AS STATED IN THE BYLAWS HAVE
BEEN MET.

5-5A-19.