§ 21-9-4-1 Board of directors; members; vacancy; chairperson; removal
§ 21-9-4-2 Salary; reimbursement
§ 21-9-4-3 Designation of ex officio member
§ 21-9-4-4 Power of board to employ manager and delegate functions
§ 21-9-4-5 Quorum; meetings
§ 21-9-4-6 Authority as public agency; board as governing body
§ 21-9-4-7 Powers of board
§ 21-9-4-8 Annual report by authority
§ 21-9-4-9 Acceptance of gifts, bequests, donations, and devises by authority
§ 21-9-4-10 Duties of manager of authority
§ 21-9-4-11 Surety bond
§ 21-9-4-12 Duties of authority
§ 21-9-4-13 Conflicts of interest

Terms Used In Indiana Code > Title 21 > Article 9 > Chapter 4 - Authority Board of Directors and Officers

  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Bequest: Property gifted by will.
  • Contract: A legal written agreement that becomes binding when signed.
  • Devise: To gift property by will.
  • Ex officio: Literally, by virtue of one's office.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
  • Judgment: means all final orders, decrees, and determinations in an action and all orders upon which executions may issue. See Indiana Code 1-1-4-5
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • Quorum: The number of legislators that must be present to do business.
  • real property: include lands, tenements, and hereditaments. See Indiana Code 1-1-4-5
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5