Sec. 5. (a) The trustees shall elect the following officers:

(1) A chairman.

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Terms Used In Indiana Code 23-13-20-5

  • Quorum: The number of legislators that must be present to do business.
(2) One (1) or more vice chairmen.

(3) A secretary.

(4) A treasurer.

(5) The assistant secretaries, assistant treasurers, and other officers provided for in the bylaws.

     (b) The treasurer and all assistant treasurers shall give a bond in the penal sum and with securities approved by the trustees before entering upon the duties of office.

     (c) Fourteen (14) trustees constitute a quorum for the transaction of all official business. The majority of the members present at a meeting determine the action of the board.

As added by P.L.1-1989, SEC.49.