Ind. Code § 16-24-2-3
(b) The term of office of each member of the board is four (4) years and until a successor is appointed and qualified. However, the first term of one (1) of the members expires annually. The members of the governing board are entitled to receive annual salaries not to exceed six hundred dollars ($600) each and payment for actual and necessary traveling and other expenses.
[Pre-1993 Recodification Citation: 16-11-6-2.]
As added by P.L.2-1993, SEC.7.