Indiana Statutes

§ 27-3-2-6 — Officers; election; bond

Indiana·Title 27 INSURANCE·Art. 3 CONSOLIDATIONS AND REORGANIZATION·Ch. 2 Assessment Plans─Reorganization Into Stock Companies
Said directors shall, upon the receipt by the company of said certificate of incorporation, immediately elect a president, vice-president, secretary and treasurer from their number, who shall be sworn to perform faithfully the duties of their respective offices, and who shall give bond for a sum and in a manner to be prescribed in the by-laws of such company. Formerly: Acts 1895, c.158, s.6.

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