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2024 Indiana Code
Title 5. State and Local Administration
Article 1. Bonds and Other Obligations
Chapter 4. Hospital Bonding Authorities
5-1-4-22. Interest in Contracts
Universal Citation:
IN Code § 5-1-4-22 (2024)
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Sec. 22. A member, agent, or employee of an Authority who knowingly is interested in any contract with the Authority or in the sale of any property to the Authority commits a Class A misdemeanor. Such contracts are void. This section does not apply to contracts for purchases of property between an Authority and other departments, municipalities, or subdivisions of state government.
Formerly: Acts 1971, P.L.41, SEC.1; Acts 1972, P.L.10, SEC.1. As amended by Acts 1978, P.L.2, SEC.501.
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