WVC 19 - 4 - 11
The directors shall elect from their number a president and
one or more vice presidents. They shall also elect a secretary
and a treasurer, who need not be directors or members of the
association; and they may combine the two latter offices and
designate the combined office as secretary-treasurer; or unite
both functions and titles in one person. The treasurer may be a
bank or any depository, and, as such, shall not be considered an
officer, but as a function of the board of directors. In such
case, the secretary shall perform the usual accounting duties of
the treasurer, except that the funds shall be deposited only as
and where authorized by the board of directors.
Note: WV Code updated with legislation passed through the 2014 1st Special Session
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