Ind. Code § 8-1-11.1-4
This is the official text of Ind. Code § 8-1-11.1-4, part of Indiana’s Code — part of the compiled statutory law of Indiana, published by the state as "Code." Browse the sections below, each linked to its official government source.
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Directors or trustees; adverse interest in contracts
Official statutory text
Sec. 4. No contract shall be made for the purchase or sale of any materials or supplies on behalf of said board of directors for utilities with any trustee or director, and no trustee nor director shall have any pecuniary interest in any such contract.
[Pre-Local Government Recodification Citation: 19-3-24-4.]
As added by Acts 1981, P.L.11, SEC.43.
[Pre-Local Government Recodification Citation: 19-3-24-4.]
As added by Acts 1981, P.L.11, SEC.43.
Status: in_force · Read it on the official government site
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