Sec. 8. (a) Consolidated schools are under the control and management of the consolidated governing body created under this chapter, and a new consolidated school corporation comes into existence:

(1) at the time specified in the resolutions provided in section 3, 4, 5.5, or 12.5 of this chapter; or

(2) if a time is not specified, at the following times:

(A) If a protest has not been filed and the creation is accomplished by the adoption of a joint resolution following publication of notice as provided in section 3 or 5.5 of this chapter, thirty (30) days after the adoption of the joint resolution.

(B) If the creation is accomplished after an election as provided in section 6 of this chapter, thirty (30) days after the election.

(b) The members of the governing body shall:

(1) take an oath to faithfully discharge the duties of office; and

(2) meet at least five (5) days before the time the new consolidated school corporation comes into existence to organize.

(c) The governing body shall meet to reorganize at the time provided in IC 20-26-4-1(b). At the organization or reorganization meeting, the members of the governing body shall elect the following:

(1) A president.

(2) A secretary.

(3) A treasurer.

(d) The treasurer, before starting the duties of the treasurer's office, shall execute a bond to the acceptance of the county auditor. The fee for the bond shall be paid from the operations fund of the consolidated school corporation. Any vacancy occurring in the membership in any governing body shall be filled in the manner provided in IC 20-26-4-4.

(e) The members of the governing body shall receive compensation in the manner provided in IC 20-26-4-7.

(f) The governing body of a consolidated school corporation may elect and appoint personnel it considers necessary.

[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-4-5-7.]

As added by P.L.1-2005, SEC.7. Amended by P.L.2-2006, SEC.96; P.L.169-2017, SEC.6; P.L.244-2017, SEC.24; P.L.140-2018, SEC.3.