A nonprofit hospital corporation described in section 1 of this chapter must have articles of incorporation, a constitution, or bylaws that provide that:

1. (1) the corporation's incorporators are the corporation's first board of trustees and the board:

   1. (A) is the corporation's sole governing board; and

   2. (B) elects the board's successors at stated periods from reputable citizens of the city and vicinity, who:

      1. (i) may include one (1) licensed physician; and
      2. (ii) must be persons interested in the benevolent work of the hospital, chosen without reference to political or sectarian influence, and who receive no compensation for their services; or

2. (2) the corporation's general corporate powers will be exercised by a governing board, whose members:

   1. (A) may include one (1) licensed physician;
   2. (B) must be residents of the city in which the hospital is located; and

   3. (C) must be elected by a board of electors consisting of representatives from each organized church, religious association, fraternal, charitable, military, patriotic, civic organization, and labor union in the city.

      [Pre-1993 Recodification Citation: 16-12.2-1-1(a) part.]

As added by P.L.2-1993, SEC.6.