Ind. Code § 15-16-6-9
Officers; records
Redline — January 1, 2018 → current.View current text →
Current — January 1, 2023
As of January 1, 2018
Sec. 9. (a) The directors shall elect one (1) director to serve as president and one (1) director to serve as secretary.
Sec. 9. (a) The directors shall elect one (1) director to serve as president and one (1) director to serve as secretary.
(b) The secretary shall also serve as treasurer of the association and have custody of the the association's money. The secretary shall execute a bond, with good freehold surety, for double the amount of money that will probably be received by the secretary at any time during the secretary's term of office.
(b) The secretary shall also serve as treasurer of the association and have custody of the association's money. The secretary shall execute a bond, with good freehold surety, for double the amount of money that will probably be received by the secretary at any time during the secretary's term of office.
(c) The secretary shall:
(c) The secretary shall:
(1) keep a record of the transactions of the association, including:
(A) brief minutes of meetings;
(B) the results of elections; and
(C) an itemized account of all receipts and expenditures; and
(1) keep a record of the transactions of the association, including:
(A) brief minutes of meetings;
(B) the results of elections; and
(C) an itemized account of all receipts and expenditures; and
(2) present a report of the transactions of the association to the members of the association at the annual meeting.
(2) present a report of the transactions of the association to the members of the association at the annual meeting.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.