Ind. Code § 14-32-5-3

Current through P.L. 171-2024

Section 14-32-5-3 - Bids, proposals, or quotations submitted by a trust

If:

(1) a district disposes of real property or awards a contract for the procurement of property by acceptance of bids, proposals, or quotations; and

(2) a bid, proposal, or quotation is submitted by a trust (as defined in IC 30-4-1-1(a));

the bid, proposal, or quotation submitted by the trust must identify each beneficiary of the trust and each settlor empowered to revoke or modify the trust.

IC 14-32-5-3

Pre-1995 Recodification Citation: 13-3-1-8(c).

As added by P.L. 1-1995, SEC.25. Amended by P.L. 136-1997, SEC.29.