Executive committee and its functions

The bylaws may provide for an executive committee and may allot to such committee all the functions and powers of the board of directors, subject to the general direction and control of the board. Acts 1923, ch. 100, § 12; Shan. Supp., § 2534a43; Code 1932, §3801; T.C.A. (orig. ed.), § 43-1819. The bylaws may provide for an executive committee and may allot to such committee all the functions and powers of the board of directors, subject to the general direction and control of the board. Acts 1923, ch. 100, § 12; Shan. Supp., § 2534a43; Code 1932, §3801; T.C.A. (orig. ed.), § 43-1819.