Sec. 5. (a) The trustees shall elect the following officers:
(1) A chairman.
(2) One (1) or more vice chairmen.
(3) A secretary.
(4) A treasurer.
(5) The assistant secretaries, assistant treasurers, and other officers provided for in the bylaws.
(b) The treasurer and all assistant treasurers shall give a bond in the penal sum and with securities approved by the trustees before entering upon the duties of office.
(c) Fourteen (14) trustees constitute a quorum for the transaction of all official business. The majority of the members present at a meeting determine the action of the board.
As added by P.L.1-1989, SEC.49.
Structure Indiana Code
Title 23. Business and Other Associations
Article 13. Educational Institutions
Chapter 20. University of Evansville
23-13-20-1. Body Corporate and Politic; Powers of Board
23-13-20-2. Objects of Corporation
23-13-20-3. Location of University
23-13-20-4. Board of Trustees; Members; Amendment of Charter; Bylaws
23-13-20-5. Board of Trustees; Officers; Bonds; Quorum; Majority Rule
23-13-20-7. Meetings; Notice of Special Meetings; Removal of Trustee
23-13-20-8. Application of Funds; Donations, Devises, and Bequests