State Codes and Statutes
Statutes > Indiana > Title21 > Ar21 > Ch4IC 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.
