Section 23-13-20-5 - Board of trustees; officers; bonds; quorum; majority rule(a) The trustees shall elect the following officers: (2) One (1) or more vice chairmen.(5) The assistant secretaries, assistant treasurers, and other officers provided for in the bylaws.(b) The treasurer and all assistant treasurers shall give a bond in the penal sum and with securities approved by the trustees before entering upon the duties of office.(c) Fourteen (14) trustees constitute a quorum for the transaction of all official business. The majority of the members present at a meeting determine the action of the board.As added by P.L. 1-1989, SEC.49.