A. The officers of a corporation shall consist of a president, a secretary, and a treasurer, and may include one or more vice-presidents, and such other officers and assistant officers as may be deemed necessary, each of whom shall be elected or appointed at such time and in such manner and for such terms not exceeding three years as may be prescribed in the articles of incorporation or the bylaws. In the absence of any such provision, all officers shall be elected or appointed annually by the Board of Directors. If the bylaws so provide, any two or more offices may be held by the same person, except the offices of president and secretary.

B. The articles of incorporation or the bylaws may provide that any one or more officers of the corporation or other persons shall be ex officio members of the Board of Directors.

C. The officers of a corporation may be designated by such other titles as may be provided in the articles of incorporation or the bylaws.

D. All officers and agents of the corporation, as between themselves and the corporation, shall have such authority and perform such duties in the management of the property and affairs of the corporation as may be determined by resolution of the Board of Directors not inconsistent with the bylaws. ONCA 21-27, eff. Apr. 6, 2021.