2015 Indiana Code
TITLE 21. HIGHER EDUCATION
ARTICLE 20. INDIANA UNIVERSITY
CHAPTER 4. OFFICERS
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IC 21-20-4
Chapter 4. Officers
IC 21-20-4-1
Board; organization
Sec. 1. The board of trustees shall elect:
(1) one (1) member as president;
(2) one (1) member as treasurer;
(3) one (1) member as secretary; and
(4) any other officers the trustees consider necessary.
The board of trustees shall prescribe the duties and fix the
compensation of the officers elected under this section.
As added by P.L.2-2007, SEC.261.
IC 21-20-4-2
Treasurer; bond
Sec. 2. The treasurer of Indiana University shall give bond in an
amount and with surety approved by the board of trustees that is
conditioned upon the faithful discharge of the treasurer's duties. The
bond shall be:
(1) payable to the state; and
(2) filed with the auditor of state.
As added by P.L.2-2007, SEC.261.
IC 21-20-4-3
Treasurer; duties
Sec. 3. The treasurer of Indiana University shall do the following:
(1) Keep true accounts of all money received into the treasury
of Indiana University, and of the money's expenditure.
(2) Pay out Indiana University's funds on the order of the board
of trustees, certified by the board of trustee's secretary.
(3) Collect the tuition fees due Indiana University.
(4) Make semiannual settlements with the board of trustees.
(5) Submit a full statement of the finances of Indiana University
and the treasurer's receipts and payments at each meeting of the
board of trustees.
(6) Submit the treasurer's books and papers to the inspection of
the board of trustees and visitors.
As added by P.L.2-2007, SEC.261.
IC 21-20-4-4
Treasurer; report
Sec. 4. The report of the treasurer of Indiana University must
contain what is included in the annual catalogue, with other matters
considered useful to the cause of education connected with Indiana
University.
As added by P.L.2-2007, SEC.261.
Indiana Code 2015
IC 21-20-4-5
Secretary; record of proceedings
Sec. 5. The secretary of the board of trustees shall:
(1) keep a true record of the proceedings of the board of
trustees; and
(2) certify copies of the record of the proceedings of the board
of trustees.
As added by P.L.2-2007, SEC.261. Amended by P.L.3-2008,
SEC.135; P.L.29-2012, SEC.11.
Indiana Code 2015
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