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INDIANA STATUTES AND CODES

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.

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