CHAPTER 4. OFFICERS; TREASURER - Indiana Statutes

IC 21-23-4
     Chapter 4. Officers; Treasurer

IC 21-23-4-1
Board; president
     Sec. 1. The board of trustees shall:
        (1) at their first meeting after their appointment; and
        (2) every two (2) years thereafter;
choose a president of the board of trustees.
As added by P.L.2-2007, SEC.264.

IC 21-23-4-2
Board; election of officers
     Sec. 2. The board of trustees shall:
        (1) at their first meeting after appointment;
        (2) every two (2) years thereafter; and
        (3) whenever a vacancy occurs;
elect by ballot a secretary and treasurer.
As added by P.L.2-2007, SEC.264.

IC 21-23-4-3
Board; restrictions on membership
     Sec. 3. The secretary and the treasurer may not be members of the board of trustees.
As added by P.L.2-2007, SEC.264.

IC 21-23-4-4
Board; compensation of officers
     Sec. 4. The board of trustees shall set the compensation of the secretary and the treasurer.
As added by P.L.2-2007, SEC.264.

IC 21-23-4-5
Treasurer; bond
     Sec. 5. The treasurer shall give a bond to the state of Indiana in any sum not less than fifty thousand dollars ($50,000) for the faithful execution of the treasurer's trust, with sufficient sureties, as the board of trustees requires.
As added by P.L.2-2007, SEC.264.

IC 21-23-4-6
Treasurer; duties
     Sec. 6. The treasurer shall:
        (1) receive;
        (2) take charge of; and
        (3) manage, under the direction of the board of trustees;
all stocks and funds belonging to Purdue University.
As added by P.L.2-2007, SEC.264.