Section 21-16-5-1.5 - Appointment of board of directors; quorum; meetings; reimbursement of director expenses(a) The board of directors of the nonprofit corporation is composed of nine (9) members. The members must be appointed as follows:(1) Five (5) members appointed by the governor.(2) One (1) member appointed by the president pro tempore of the senate.(3) One (1) member appointed by the minority leader of the senate.(4) One (1) member appointed by the speaker of the house of representatives.(5) One (1) member appointed by the minority leader of the house of representatives.(b) None of the members appointed to the board may be members of the general assembly. Not more than five (5) members may belong to the same political party. Members serve at the pleasure of the appointing authority.(c) The board shall elect from among its members a chair and vice chair.(d) Five (5) members constitutes a quorum for the transaction of business. An affirmative vote of at least five (5) members is necessary for the board to take action. Members of the board may not vote by proxy.(e) Meetings of the board shall be held at the call of the chair or whenever any five (5) voting members request a meeting. The members shall meet at least once every three (3) months to attend to the business of the corporation.(f) Each member of the commission who is not a state employee is entitled to:(1) a salary per diem for attending meetings equal to the per diem provided by law for members of the general assembly; and(2) reimbursement for mileage and traveling expenses as provided under IC 4-13-1-4, and other expenses actually incurred in connection with the member's duties as provided in the state policies and procedures established by the Indiana department of administration and approved by the budget agency.(g) Each member of the commission who is a state employee is entitled to reimbursement for traveling expenses as provided under IC 4-13-1-4 and other expenses actually incurred in connection with the member's duties as provided in the state policies and procedures established by the Indiana department of administration and approved by the budget agency.(h) The corporation shall pay expenses incurred under subsections (g) and (h) from the revenues of the corporation.(i) The corporation shall provide staff support to the board.Amended by P.L. 42-2024,SEC. 143, eff. 3/11/2024.Added by P.L. 224-2023,SEC. 7, eff. 7/1/2023.