Indiana Statutes
§ 28-11-1-5 — Term of office; reappointment of a member; service to continue until successor appointed
Indiana·Art. 11 DEPARTMENT OF FINANCIAL INSTITUTIONS·Ch. 1 Establishment of the Department of Financial Institutions
(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.
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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.
Nearby Sections
15
§ 28-1-1-1
Short title§ 28-1-1-2
Application of article§ 28-1-1-3
Definitions§ 28-1-1-3.5
Affiliate relationship§ 28-1-1-3.7
"Emancipated youth"§ 28-1-1-3.9
"Foster youth"§ 28-1-1-4
"Fund"§ 28-1-1-5
References to savings associations§ 28-1-1-6
"Depository financial institution"§ 28-1-1-7
"Qualified youth"§ 28-1-11-11
Safe deposits and escrows