Delaware Code Title 27 Sec. 108 – Appointment and duties of treasurer
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The trustees may also choose 1 of their number as treasurer and may require the treasurer to give security. The treasurer shall receive and account for all the money of the corporation. If no treasurer be chosen, the chair shall receive and account for such money.
26 Del. Laws, c. 89, § ?9; Code 1915, § ?2172; Code 1935, § ?2479; 27 Del. C. 1953, § ?108; 70 Del. Laws, c. 186, § ?1;
Terms Used In Delaware Code Title 27 Sec. 108
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.