sec.71Chairperson

### sec.71 Chairperson The chairperson of the board of directors is the director chosen as chairperson by the directors. If the chief executive is not notified of a chairperson chosen by the directors within 1 month after the first meeting of the board of directors, the chairperson is the director chosen by the chief executive. The chairperson holds office until the first meeting of the board of directors occurring at least 1 year after the director’s selection as chairperson. (sec.71-ssec.1) The chairperson of the board of directors is the director chosen as chairperson by the directors. (sec.71-ssec.2) If the chief executive is not notified of a chairperson chosen by the directors within 1 month after the first meeting of the board of directors, the chairperson is the director chosen by the chief executive. (sec.71-ssec.3) The chairperson holds office until the first meeting of the board of directors occurring at least 1 year after the director’s selection as chairperson.