Ind. Code § 5-1-4-22

Current through P.L. 171-2024
Section 5-1-4-22 - Interest in contracts

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.

IC 5-1-4-22

(Formerly: Acts1971 , P.L. 41, SEC.1; Acts1972 , P.L. 10, SEC.1.) As amended by Acts1978 , P.L. 2, SEC.501.