2016 Indiana Code
TITLE 21. HIGHER EDUCATION
ARTICLE 23. PURDUE UNIVERSITY
CHAPTER 4. OFFICERS; TREASURER
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IC 21-23-4
Chapter 4. Officers; Treasurer
IC 21-23-4-1
Board; president
Sec. 1. The board of trustees shall:
(1) at their first meeting after their appointment; and
(2) every two (2) years thereafter;
choose a president of the board of trustees.
As added by P.L.2-2007, SEC.264.
IC 21-23-4-2
Board; election of officers
Sec. 2. The board of trustees shall:
(1) at their first meeting after appointment;
(2) every two (2) years thereafter; and
(3) whenever a vacancy occurs;
elect by ballot a secretary and treasurer.
As added by P.L.2-2007, SEC.264.
IC 21-23-4-3
Board; restrictions on membership
Sec. 3. The secretary and the treasurer may not be members of the
board of trustees.
As added by P.L.2-2007, SEC.264.
IC 21-23-4-4
Board; compensation of officers
Sec. 4. The board of trustees shall set the compensation of the
secretary and the treasurer.
As added by P.L.2-2007, SEC.264.
IC 21-23-4-5
Treasurer; bond
Sec. 5. The treasurer shall give a bond to the state of Indiana in
any sum not less than fifty thousand dollars ($50,000) for the faithful
execution of the treasurer's trust, with sufficient sureties, as the board
of trustees requires.
As added by P.L.2-2007, SEC.264.
IC 21-23-4-6
Treasurer; duties
Sec. 6. The treasurer shall:
(1) receive;
(2) take charge of; and
(3) manage, under the direction of the board of trustees;
all stocks and funds belonging to Purdue University.
As added by P.L.2-2007, SEC.264.
Indiana Code 2016
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