Sec. 7. (a) An individual elected or appointed to fill a vacancy shall obtain from the court a certificate of qualification and fitness before the individual may enter upon duties as a trustee.
(b) A certificate issued under subsection (a) shall be:
(1) recorded in the journal of the proceedings of the savings bank; and
(2) be filed with the department.
As added by P.L.42-1993, SEC.72.
Structure Indiana Code
Title 28. Financial Institutions
28-6.1-3-1. Application of Chapter
28-6.1-3-3. Number of Trustees
28-6.1-3-4. Qualifications of Trustees
28-6.1-3-5. Vacancies; Elections; Qualifications of Successors
28-6.1-3-6. Vacancies; Judicial Appointments
28-6.1-3-7. Vacancies; Successors' Certificates of Qualification and Fitness
28-6.1-3-8. Presidents; Officers and Agents
28-6.1-3-9. Bylaws, Rules, and Regulations
28-6.1-3-11. Reducing Number of Trustees