15-16-6-5. Directors; vacancy

IN Code § 15-16-6-5 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Sec. 5. If a vacancy occurs in the office of a director, the remaining directors shall fill the vacancy by appointing a temporary director. The temporary director shall be appointed from among the members of the association and shall hold office until the next annual election.

[Pre-2008 Recodification Citation: 15-3-7-5.]

As added by P.L.2-2008, SEC.7.