Section 15-12-1-24 - Board of directors; eligibility(a) Each director must during the director's term of office be a citizen of the United States. Each director, other than a public director, must be engaged in or have a direct interest in the production of agricultural products.(b) An association may provide in the association's bylaws that a person is not eligible for election as a director unless the person is a member or patron of the association.(c) An association may provide in the association's bylaws that a person is not eligible for election as a director unless the person has paid any indebtedness owed by the person to the association.Pre-2008 Recodification Citations: subsection (a) formerly 15-7-1-11(h); subsection (b) formerly 15-7-1-11(i); subsection (c) formerly 15-7-1-11(j).
As added by P.L. 2-2008, SEC.3.