Sec. 10. (a) The board of directors shall appoint a president, secretary, and treasurer.
(b) The treasurer shall give a bond:
(1) sufficient in penalties and securities;
(2) payable to the association by its corporate name; and
(3) conditioned for:
(A) the faithful discharge of the treasurer's duties; and
(B) the safekeeping and prompt payment, according to the order of the board of directors, of all money accessible to the treasurer.
(c) A majority of the board of directors is a quorum for the transaction of business.
(d) Previous notice of any regular or adjourned meeting of the directors is not necessary.
[Pre-2002 Recodification Citation: 32-10-1-10.]
As added by P.L.2-2002, SEC.11.
Structure Indiana Code
Chapter 1. Fencing Associations
32-26-1-1. Enclosure of Lands; Articles of Association
32-26-1-2. Notice of Election of Directors
32-26-1-3. Election of Directors
32-26-1-4. Articles of Association; Recording
32-26-1-5. Petition; Viewers; Examination and Apportionment of Assessments
32-26-1-6. Assessments; Costs and Expenses of Improvements
32-26-1-7. Viewers' Report and Assessments
32-26-1-9. Fences Erected Before Present Law
32-26-1-10. Officers of Fencing Association
32-26-1-11. Vacancy in Office of Director
32-26-1-12. Officers of Association; Term of Office
32-26-1-13. Money Drawn by Treasurer
32-26-1-14. Treasurer; Presenting Vouchers and Settling With Board
32-26-1-15. Supplemental Assessments
32-26-1-16. Assessments; Installment Payments
32-26-1-17. Assessments; Enforcing Payment
32-26-1-18. Proposed Work; Contracts; Advertisements
32-26-1-19. Appropriation of Land; Assessment of Damages
32-26-1-20. Incorrect or Imperfect Description of Proposed Work
32-26-1-21. Limitation of Actions to Enforce Assessment
32-26-1-22. Rules or Regulations; Powers of Fencing Association
32-26-1-23. Throwing Down Common Fence
32-26-1-24. Permitting Animals to Run at Large Within Enclosed Area