Indiana § 32-26-1-10 Officers of fencing association

Indiana Statutes

§ 32-26-1-10 — Officers of fencing association

Indiana·Title 32 PROPERTY·Art. 26 FENCES·Ch. 1 Fencing Associations

(a)The board of directors shall appoint a president, secretary, and treasurer.

(b)The treasurer shall give a bond:

(1)sufficient in penalties and securities;

(2)payable to the association by its corporate name; and

(3)conditioned for:

(A)the faithful discharge of the treasurer's duties; and

(B)the safekeeping and prompt payment, according to the order of the board of directors, of all money accessible to the treasurer.

(c)A majority of the board of directors is a quorum for the transaction of business.

(d)Previous notice of any regular or adjourned meeting of the directors is not necessary. [Pre-2002 Recodification Citation: 32-10-1-10.]

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(a) The board of directors shall appoint a
president, secretary, and treasurer.
(b) The treasurer shall give a bond:
(1) sufficient in penalties and securities;
(2) payable to the association by its corporate name; and
(3) conditioned for:
(A) the faithful discharge of the treasurer's duties; and
(B) the safekeeping and prompt payment, according to the order
of the board of directors, of all money accessible to the
treasurer.
(c) A majority of the board of directors is a quorum for the
transaction of business.
(d) Previous notice of any regular or adjourned meeting of the
directors is not necessary.
[Pre-2002 Recodification Citation: 32-10-1-10.]

Indiana § 32-26-1-10 (Officers of fencing association) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.