Sec. 42.40.110. Executive officers.
67 words·~1 min read·
/ak/title-42/chapter-40/42-40-110A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 42.40.110. Executive officers.
(a)The board shall appoint the chief executive officer of the corporation who serves at the pleasure of the board. The board shall fix compensation for the chief executive officer.
(b)The chief executive officer of the corporation shall appoint and fix the compensation for other executive officers. The compensation for an executive officer appointed under this subsection is subject to board approval.