§ 5-1.5-2-9 — Executive director; duties

Indiana § 5-1.5-2-9

• Jurisdiction: Indiana
• Title 5: STATE AND LOCAL ADMINISTRATION
• Art. 1.5: INDIANA BOND BANK
• Ch. 2: Establishment and Organization

Text

The executive director appointed under section
3 of this chapter shall, in addition to other duties fixed by the directors,
administer, manage, and direct the employees of the bank. The
executive director shall approve all amounts for salaries, allowable
expenses of the bank or of any employee or consultant of the bank, and
expenses incidental to the operation of the bank. The executive director
shall attend the meetings of the board, keep a record of the proceedings
of the board, and maintain all books, documents, and papers filed with
the bank, the minutes of the board, and the bank's official seal. The
executive director may cause copies to be made of all minutes and
other records and documents of the bank and may give certificates
under seal of the bank to the effect that those copies are true copies,
and all persons dealing with the bank may rely upon those certificates.

Legislative History

As added by P.L.25-1984, SEC.1. Amended by P.L.1-2010, SEC.10.