Sec. 3. The board shall:
(1) elect one (1) of its members vice chairman;
(2) appoint and fix the duties and compensation of an executive director, who shall serve as both secretary and treasurer; and
(3) establish and maintain the office of the bank in Indianapolis.
As added by P.L.25-1984, SEC.1.
Structure Indiana Code
Title 5. State and Local Administration
Article 1.5. Indiana Bond Bank
Chapter 2. Establishment and Organization
5-1.5-2-1. Indiana Bond Bank; Establishment; Nature; Purpose
5-1.5-2-2. Board of Directors; Establishment; Powers; Membership; Appointment; Vacancy
5-1.5-2-5. Action by Affirmative Vote of Three Directors; Effect of Vacancy
5-1.5-2-6. Surety Bonds; Issuer; Cost
5-1.5-2-8. Liability on Bonds or Notes