The officers of the relief association include a president and a vice president, both of whom must be elected from among members of the board of trustees, a secretary-treasurer, a board of trustees, and a finance committee. These officers must be elected in the manner and for the terms prescribed in the association’s articles of incorporation and bylaws. The board of trustees shall manage the affairs of the association. The secretary-treasurer shall furnish a corporate bond to the association for the faithful performance of the secretary-treasurer’s duties in an amount to be determined by the association. The premium on the bond must be paid by the association. The president and secretary-treasurer may be paid a fee in an amount as determined by the association.