§ 28-11-1-5 — Term of office; reappointment of a member; service to continue until successor appointed

Indiana § 28-11-1-5

• Jurisdiction: Indiana
• Art. 11: DEPARTMENT OF FINANCIAL INSTITUTIONS
• Ch. 1: Establishment of the Department of Financial Institutions

Text

(a) A member appointed by the governor under
section 3(a)(2) of this chapter serves a term of four (4) years but at the
pleasure of the governor.
(b) The governor may reappoint a member appointed under section
3(a)(2) of this chapter.
(c) Notwithstanding the expiration of a member's term, the member
continues to serve until a successor is appointed and qualified.

Legislative History

As added by P.L.33-1991, SEC.56. Amended by P.L.10-2006, SEC.69 and P.L.57-2006, SEC.69; P.L.35-2010, SEC.193.