1. (a) The officers of a savings bank are:

   1. (1) a president;
   2. (2) one or more vice presidents;
   3. (3) a secretary; and
   4. (4) other officers prescribed by the bylaws.
2. (b) The board elects the officers by a majority vote.
3. (c) The managing officer must be a director.

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.