81. If the office of president becomes vacant, the president shall be replaced for the unexpired portion of his term by one of the elected directors designated by the board of directors or according to a mode of designation, other than designation by the board, determined by regulation under paragraph b of section 93.
If the president is unable to act, the board of directors may designate an elected director to exercise the president’s functions for the duration of the inability to act.
1973, c. 43, s. 80; 2008, c. 11, s. 47; 2017, c. 112017, c. 11, s. 471.