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The board shall elect from among its members a president, vice president, and secretary-treasurer.  The president shall preside over all meetings of the board and perform all duties usually required of presidents of corporate bodies.  The vice president shall perform the duties of the president in case of his absence or disability.  Officers so elected shall serve one year or until their successors are appointed.

Acts 1992, No. 1061, §1, eff. Jan. 1, 1993.