Section 4-7-1-1 - Commencement of term; bond; auditor of state known as state comptroller(a) The individual elected as auditor of state shall take office on January 1 following the individual's election.(b) The auditor of state, before entering upon the duties of office shall execute an official bond, for the sum of ten thousand dollars ($10,000), to be approved by the governor.(c) The auditor of state shall also be known as the state comptroller. After June 30, 2023, the auditor of state's office shall use the title "state comptroller" in conducting state business, in all contracts, on business cards, on stationery, and with other means of communication as necessary. The change in title under this subsection does not:(1) invalidate any documents or transactions conducted in the name of the auditor of state; or(2) affect the validity of a reference to the auditor of state in the Indiana Code, the acts of Indiana, or the Indiana Administrative Code.Amended by P.L. 9-2024,SEC. 42, eff. 7/1/2024.Amended by P.L. 201-2023,SEC. 61, eff. 7/1/2023.(Formerly: Acts 1852, 1RS, c.7, s.1.) As amended by P.L. 8-1995, SEC.68.