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PART I. ADMINISTRATION OF THE GOVERNMENT

TITLE XXII. CORPORATIONS

CHAPTER 158. CERTAIN MISCELLANEOUS CORPORATIONS

POWERS AND DUTIES

OFFICERS.

Chapter 158: Section 19. Selection of directors, clerk, treasurer and other agents and officers; term

Section 19. The directors, clerk and treasurer shall be chosen annually by the stockholders by ballot, and shall hold office for one year and until others are chosen and qualified in their stead. The manner of choosing or appointing all other agents and officers, and of filling all vacancies, shall be prescribed by the by-laws.