Indiana Code 16-22-6-10. Conflicts of interest
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Terms Used In Indiana Code 16-22-6-10
- Contract: A legal written agreement that becomes binding when signed.
Sec. 10. A member may not have a pecuniary interest in a contract, an employment, a purchase, or a sale made under the provisions of this chapter. A transaction in which a director has a pecuniary interest is void.
[Pre-1993 Recodification Citation: 16-12-20-7.]
As added by P.L.2-1993, SEC.5.