Print Print
  • PART I ADMINISTRATION OF THE GOVERNMENT
  • TITLE XXII CORPORATIONS
  • CHAPTER 172 TRUST COMPANIES
  • Section 15 Officers and employees; bond

Section 15. The officers of such corporation shall be a president, clerk or secretary, treasurer and such other officers as may be prescribed in accordance with its by-laws and they shall be sworn to the faithful performance of their duties. Officers and employees of such corporation shall be bonded to the extent and in the form determined by the board of directors.