                                 CODE OF VIRGINIA

OFFICERS (§ 38.2-2510)

Unless the certificate or articles of incorporation provides otherwise, the
directors shall elect from their number a president. The directors shall also
elect a secretary, treasurer, and any additional officers they consider
necessary, who may or may not be members. The offices of secretary and treasurer
may be held by one person. Unless otherwise provided in the certificate or
articles of incorporation, the term of those officers shall be not less than one
year nor more than three years or until their successors are elected or selected
and qualified.

HISTORY: 1952, c. 317, § 38.1-667.1; 1986, c. 562.