2014 Indiana Code TITLE 23. BUSINESS AND OTHER ASSOCIATIONS ARTICLE 13. EDUCATIONAL INSTITUTIONS CHAPTER 10. ALUMNI TRUSTEES
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IC 23-13-10
Chapter 10. Alumni Trustees
IC 23-13-10-1
Election of alumni trustees
Sec. 1. Any educational institution, university or college,
incorporated under any law of the state of Indiana, may admit to
membership in its board of trustees any number of additional trustees,
not exceeding four (4), who may be chosen or elected such trustees
by the alumni of such institution, university or college, whenever the
existing boards of trustees, or their successors in office, may
determine such action to be expedient: Provided, That all persons or
bodies of persons entitled under the charter of said institution to
choose the trustees thereof, shall have first signified their assent to
such action. The manner of electing such trustees by such alumni
shall, in each instance, be determined by the board of trustees of such
educational institution, university or college.
(Formerly: Acts 1897, c.125, s.1.)
IC 23-13-10-2
Addition or reduction in number of trustees
Sec. 2. Any existing board of trustees of any such institution,
university or college may add to or diminish the number of trustees
thereof: Provided, The minimum number of such trustees shall be
seven (7) and the maximum number twenty-five (25), said reduction
or addition to be determined by a two-thirds (2/3) vote of the trustees.
(Formerly: Acts 1897, c.125, s.2.)
IC 23-13-10-3
Existing institutions; accepting provisions of chapter
Sec. 3. Whenever the board of trustees of any such institution,
university, or college, incorporated under any law of the state of
Indiana, which has been pursuing the purposes of its charter since
March 6, 1892, shall file with the secretary of state a resolution, duly
adopted by such board, signifying formal acceptance of the
provisions of this chapter, the same shall be taken and held as part of
the original charter of such institution, university, or college.
(Formerly: Acts 1897, c.125, s.3.) As amended by P.L.34-1987,
SEC.353.
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