Ind. Code § 16-22-12-2

Current through P.L. 171-2024

Section 16-22-12-2 - Conflict of interest of board members

An individual is not prohibited from serving as a member of the board of directors if the member:

(1) has a pecuniary interest in; or

(2) derives a profit from;

a contract or purchase connected with the hospital. However, the member shall disclose the interest or profit in writing to the board and provide a copy to the state board of accounts. The member shall abstain from voting on any matter that affects the interest or profit.

IC 16-22-12-2

Pre-1993 Recodification Citation: 16-12-18-1(b).

As added by P.L. 2-1993, SEC.5.