(1) The CEO may
delegate to an officer or other person any power or duty of the CEO under
another provision of this Act.
(2) The delegation
must be in writing signed by the CEO.
(3) A person to whom a
power or duty is delegated under this section cannot delegate that power or
duty.
(4) A person
exercising or performing a power or duty that has been delegated to the person
under this section, is to be taken to do so in accordance with terms of the
delegation unless the contrary is shown.
(5) Nothing in this
section limits the ability of the CEO to perform a function through an officer
or agent.