CHAPTER 4. ELECTED OFFICERS; TREASURER

IC 21-21-4

    

Chapter 4. Elected Officers; Treasurer

IC 21-21-4-1

Board; organization

    

Sec. 1. (a) The board of trustees, when assembled, shall organize
by electing the following from among the membership of the board
of trustees:

        (1) A president.

        (2) A vice president.

        (3) A secretary.

        (4) An assistant secretary.

    (b) The term of an office elected under this section is one (1) year.

As added by P.L.2-2007, SEC.262.

IC 21-21-4-2

Treasurer; appointment

    

Sec. 2. The board shall appoint a qualified individual who is not
a member of the board to serve as permanent treasurer.

As added by P.L.2-2007, SEC.262.

IC 21-21-4-3

Treasurer; duties

    

Sec. 3. The treasurer is responsible for the:

        (1) receipt;

        (2) custody;

        (3) accounting; and

        (4) proper protection;

of all funds due and accruing to the university and the board from
any sources and for whatever purposes the funds and receipts may be
designated.

As added by P.L.2-2007, SEC.262.

IC 21-21-4-4

Treasurer; bond

    

Sec. 4. The treasurer shall give a bond in the amount determined
by the board before commencing the treasurer's duties.

As added by P.L.2-2007, SEC.262.