Sec. 3. (a) A trustee shall serve a term of four (4) years, beginning on July 1 following the trustee’s appointment.

     (b) Whenever a trustee is appointed to fill a vacancy caused by death or resignation, the trustee shall serve the unexpired term of the trustee’s predecessor.

Terms Used In Indiana Code 5-10.5-3-3

  • Trustee: A person or institution holding and administering property in trust.
     (c) A trustee shall serve until the trustee’s successor is appointed and qualified.

As added by P.L.23-2011, SEC.22.