Business and Professions Code § 5004
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The president, vice president, and secretary-treasurer shall be elected by the board for a term of one year from among its members at the time of the annual meeting. The newly elected president, vice president, and secretary-treasurer shall assume the duties of their respective offices at the conclusion of the annual meeting at which they were elected.
(Amended by Stats. 1996, Ch. 1137, Sec. 2. Effective January 1, 1997.)