Indiana Code
Chapter 2. Assessment Plans─reorganization Into Stock Companies
27-3-2-6. Officers; Election; Bond

Sec. 6. Said directors shall, upon the receipt by the company of said certificate of incorporation, immediately elect a president, vice-president, secretary and treasurer from their number, who shall be sworn to perform faithfully the duties of their respective offices, and who shall give bond for a sum and in a manner to be prescribed in the by-laws of such company.
Formerly: Acts 1895, c.158, s.6.