Ind. Code § 16-23.5-2-5

Current through P.L. 171-2024
Section 16-23.5-2-5 - Contracts; prohibition of pecuniary interest of board members

An executive board member may not have a pecuniary interest in any contract, employment, purchase, or sale made under this chapter. A transaction made in which a member has such an interest is void, and the member is subject to removal as provided in this chapter.

IC 16-23.5-2-5

Pre-2007 Higher Education Recodification Citation: 20-12-30.3-5.

As added by P.L. 2-2007, SEC.191.