Indiana § 15-12-1-27 - Election of officers
Full text of Indiana Indiana Code § 15-12-1-27 — Election of officers, with citation guidance and answers to common questions.
§ 15-12-1-27. Election of officers
Sec. 27. (a) The officers of an association must consist of a president, one (1) or more vice presidents, a secretary, a treasurer, and other officers that may be prescribed by the bylaws. Each officer shall be elected or appointed by the board of directors at the time, in the manner, and for the terms as the bylaws provide, subject to the following conditions:
(1) The president and one (1) vice president must be members of the board of directors.
(2) A vice president who is not a director may not succeed to or fill the office of president.
(b) Except for the offices of the president and secretary, any two (2) or more offices may be held by the same individual.
(c) The treasurer may be a bank or depository. If the treasurer is a bank or depository:
(1) the treasurer is considered to be a function of the board of directors but not an officer of the board of directors; and
(2) the secretary shall perform the usual accounting duties of the treasurer.
However, the funds of the association must be deposited only as and where authorized by the board of directors.
(d) The bylaws may provide for the election of the president and one (1) vice president by the members or their delegates at the annual meeting of the members.
[Pre-2008 Recodification Citation: 15-7-1-12.]
As added by P.L.2-2008, SEC.3.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 15-12-1-27
What does Indiana Code § 15-12-1-27 cover?
Section 15-12-1-27 ("Election of officers") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 15-12-1-27?
A common citation format is "Indiana Code § 15-12-1-27" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 15-12-1-27 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.