Section 8-1-2.8-18 - Articles of incorporation The articles of incorporation of the InTRAC must provide the following:
(1) The name of the corporation shall be "Indiana Telephone Relay Access Corporation for the Hearing and Speech Impaired".(2) The sole purpose for which the InTRAC shall be organized and operated is to provide at the lowest cost reasonably possible: (A) on behalf of LECs and the citizens of Indiana; and(B) in conjunction with LECs; adequate and dependable dual party relay services that may include in appropriate circumstances in the sole discretion of the InTRAC telecommunications devices to deaf, hard of hearing, and speech impaired persons within the territorial area in Indiana that LECs serve in a manner that meets or exceeds the requirements of regulations prescribed by the FCC.
(3) The InTRAC must have authority to perform any lawful act that is necessary, convenient, or expedient to accomplish the purpose for which the InTRAC is formed.(4) No part of the net earnings of the InTRAC may inure to the benefit of any member, director, or officer of the InTRAC, nor shall any member of the InTRAC receive any earnings from the corporation except as follows:(A) A member may be an independent contractor, a supplier, a vendor, or an authorized agent of the InTRAC and may receive fair and reasonable compensation for the member's provision of goods or services.(B) An officer may receive reasonable compensation for services that the officer performs in the officer's capacity as an officer of the InTRAC.(C) A director may be reimbursed for expenses incurred by the director in the performance of the director's duties.(5) The InTRAC may not: (A) make an advancement for services to be performed in the future; or(B) make a loan of money or property to any director or officer of the corporation.(6) No member, director, or officer of the InTRAC or any private individual may share in the distribution of any of the assets of the InTRAC upon its dissolution.(7) If there is a dissolution of the InTRAC, any of the assets of the InTRAC available for distribution shall be distributed to a charity: (A) selected by the board of directors of the InTRAC; and(B) having a purpose that includes providing services to persons who are deaf, hard of hearing, and speech impaired.(8) The InTRAC shall have one (1) class of members consisting of those communications service providers that are designated as authorized LECs by the commission.(9) Each member of the InTRAC shall serve as a member for as long as the commission finds that the member is a LEC. A member's:(A) right to vote at meetings of the members of the InTRAC; and(B) right, title, and interest in or to the corporation; cease on the termination of a member's membership.
(10) Each member present in person or by proxy at a meeting of the members of the InTRAC may cast one (1) vote upon each question voted upon at: (A) all meetings of the members; and(B) in any election of a director of the InTRAC.(11) The board of directors of the InTRAC consists of seven (7) directors selected as follows: (A) Six (6) directors elected by the members of the InTRAC.(B) The director of the state office of deaf and hearing impaired services.(12) The business, property, and affairs of the InTRAC are managed and controlled by the board of directors of the InTRAC.Amended by P.L. 109-2012, SEC. 10, eff. 7/1/2012.As added by P.L. 75-1991, SEC.1. Amended by P.L. 80-1996, SEC.5; P.L. 27-2006, SEC.31.