Indiana § 15-12-1-20 Board of directors; appointment

Indiana Statutes

§ 15-12-1-20 — Board of directors; appointment

Indiana·Art. 12 AGRICULTURAL ASSISTANCE·Ch. 1 Agricultural Cooperatives

One (1) or more directors may be appointed by any public official or commission or by the other directors elected by the members or their delegates. Directors appointed as provided in this section:

(1)shall represent primarily the interest of the general public in the association, but have the same powers and rights as other directors; and

(2)may not total more than one-fifth (1/5) of the entire number of directors. [Pre-2008 Recodification Citation: 15-7-1-11(d).]

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One (1) or more directors may be appointed
by any public official or commission or by the other directors elected
by the members or their delegates. Directors appointed as provided in
this section:
(1) shall represent primarily the interest of the general public in
the association, but have the same powers and rights as other
directors; and
(2) may not total more than one-fifth (1/5) of the entire number of
directors.
[Pre-2008 Recodification Citation: 15-7-1-11(d).]

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