Inland Power & Light Bylaws

Page 16

ARTICLE V

OFFICERS SECTION 1. REQUIRED OFFICERS A. The cooperative must have the following officers: president, vice president, secretary and treasurer. The board will elect the required officers at the first board meeting after each annual member meeting or as soon after as is reasonably possible and convenient. Election requires an affirmative vote of the majority of trustees in office and will be by secret written ballot without prior nomination. Only trustees may be elected and serve as a required officer. One trustee simultaneously hold the offices of secretary and treasurer but may not execute, acknowledge or verify any document in more than one capacity. B. Subject to removal by the board, each required officer will hold office until his or her successor is elected. The board will fill any vacant required officer’s position for the remaining unexpired portion of the required officer’s term. SECTION 2. DUTIES A. Unless otherwise determined by the board and unless otherwise required by law, the articles of incorporation or these bylaws, the president: 1. Will preside or designate another individual to preside at all board and member meetings. 2. On the cooperative’s behalf, may sign any document properly authorized by the board or members. 3. Will be either a member of or an ex-officio non-voting member of every committee. 24

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