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You are correct, it does not say that verbatim in the bylaws, but the is why it is prefaced with the word traditionally. It does hit to the point in the constitution article listed below. While bylaws can be suspended, the constitution can not with out 90 days notice and a vote can be created at convention, unfortunately this is normally taken care of after the elections occur.
Delta Sig Constitution
Article 3 Section E Sub-section 3
Officers of the Grand Council, except the immediate past President and the Undergraduate Member, shall be elected from the members of the new Grand Council before the last session of each biennial convention by a combination of incoming, outgoing, and continuing members of the grand Council. They shall be elected for a term of two years and shall serve until their successors are elected and qualified
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