Section 5-1-17.5-23 - Director's interest in contracts or in sale or lease of property prohibited(a) A director of the commission who knowingly has an interest: (1) in any contract with the commission; or(2) in the sale or lease of any real or personal property to the commission; commits a Class A misdemeanor. All such contracts or leases are void.
(b) This section does not apply to contracts for purchases of property, real or personal, between the commission and:(2) any political subdivision; or(3) any department or agency of the state.Added by P.L. 233-2013, SEC. 5, eff. 5/10/2013.