TIMED TASK

Statement 1. The same person may hold two (2) or more positions concurrently, except that no one shall act as president and secretary or as president and treasurer at the same time, unless otherwise allowed in this Code. Statement 2. A person shall be disqualified from being a director, trustee, or officer of any corporation if, within three (3) years prior to the election or appointment as such, the person was convicted by final judgment of an offense punishable by imprisonment for a period exceeding six (6) years. Only the second statement is correct Only the first statement is correct Both statements are wrong Both statements are correct