Sec. 23. (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: (1) the authority; (2) any political subdivision; or (3) any department or agency of the state.
‹ Prev All Indiana sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.