{"data":{"id":"us-in/ic-5-1.2-3-2","jurisdiction":"us-in","citation":"IC 5-1.2-3-2","heading":"Members; terms of office","body":"Sec. 2. Appointments to the authority under section 1(c)(3) of this chapter are for terms of four (4) years. Each member appointed to the authority under section 1(c)(3) of this chapter:\n(1) holds office for the term of this appointment;\n(2) continues to serve after expiration of the appointment until a successor is appointed and qualified;\n(3) is eligible for reappointment; and\n(4) may be removed from office by the governor with or without cause and serves at the pleasure of the governor.\nThe governor shall fill a vacancy for the unexpired term of any member appointed under section 1(c)(3) of this chapter.","path":["TITLE 5. STATE AND LOCAL ADMINISTRATION","ARTICLE 1.2. INDIANA FINANCE AUTHORITY","Chapter 3. Indiana Finance Authority"],"source_url":"https://iga.in.gov/ic/2026/Title_5.html#5-1.2-3-2","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-02T16:11:39Z","sha256":"5c59bfe3e58df62cec9b916973bf37ea6735ff5d8682ea692181433f74e7549f","source_id":"us-in","stale":false,"prev":"us-in/ic-5-1.2-3-1","next":"us-in/ic-5-1.2-3-3"},"notice":"GroundRules: Original legal text. Not legal advice."}