{"data":{"id":"us-dc/d.c.-code-26-505.08","jurisdiction":"us-dc","citation":"D.C. Code § 26-505.08","heading":"Officers.","body":"(a)\nThe board of directors, at their organizational meeting, shall elect from their own number, a chairperson of the board, a treasurer, and a secretary. The board may also elect any other officers of the board that are specified in the bylaws.\n\n(b)\nThe term of an officer shall be for one calendar year, or until a successor is chosen and has been duly qualified, unless otherwise provided in the bylaws.\n\n(c)\nThe duties of the officers shall be prescribed in the bylaws.\n\n(d)\nNotwithstanding any other provision of this subchapter, a District credit union may use any title it chooses for officials holding the positions described in this section, provided that the titles are not misleading.","path":["Title 26. Banks and Other Financial Institutions.","Chapter 5. Credit Unions.","Subchapter I. Credit Union Act of 2020.","Part E. Credit Union Governance."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/26-505.08","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"01b2b926db1aff3073d80d1463a197b8cf8ac38938634e04ca3e14b5a1b0547d","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-26-505.07","next":"us-dc/d.c.-code-26-505.09"},"notice":"GroundRules: Original legal text. Not legal advice."}