Indiana Statutes

§ 23-13-20-5 — Board of trustees; officers; bonds; quorum; majority rule

Indiana § 23-13-20-5
JurisdictionIndiana
Title 23BUSINESS AND OTHER ASSOCIATIONS
Art. 13EDUCATIONAL INSTITUTIONS
Ch. 20University of Evansville

This text of Indiana § 23-13-20-5 (Board of trustees; officers; bonds; quorum; majority rule) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 23-13-20-5 (2026).

Text

(a)The trustees shall elect the following officers:
(1)A chairman.
(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.

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Legislative History

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

Nearby Sections

15
§ 23-0.5-1-1
Short title
§ 23-0.5-1-2
Application
§ 23-0.5-1-4
Delivery of record
§ 23-0.5-1.5-10
"Filed record"
§ 23-0.5-1.5-11
"Filing entity"
§ 23-0.5-1.5-12
"Foreign"
§ 23-0.5-1.5-13
"General partnership"
§ 23-0.5-1.5-14
"Governance interest"
§ 23-0.5-1.5-15
"Governing person"
§ 23-0.5-1.5-16
"Interest"
§ 23-0.5-1.5-17
"Interest holder"
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Bluebook (online)
Indiana § 23-13-20-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/23-13-20-5.