                                 CODE OF VIRGINIA

OFFICERS GENERALLY (§ 13.1-326)

The board shall elect a president, a secretary and a treasurer, and may elect
one or more vice-presidents, and such other officers as may be authorized in the
bylaws. The president and at least one of the vice-presidents must be directors,
but a vice-president who is not a director cannot succeed to or fill the office
of president. Any two of the offices of vice-president, secretary and treasurer
may be combined in one person.

HISTORY: Code 1950, § 13-267; 1956, c. 428.