Terms Used In Indiana Code 8-22-3-7

  • Contract: A legal written agreement that becomes binding when signed.
   Sec. 7. A member of the board is ineligible to hold an appointive office or employment for the authority. A member of the board may not have a pecuniary interest (as defined in IC 35-44.1-1-4(a)(3)) in any contract with or claim against the authority.

[Pre-Local Government Recodification Citations: 19-6-2-8; 19-6-3-8; 19-6-3.5-9.]

As added by Acts 1980, P.L.8, SEC.73. Amended by P.L.154-2016, SEC.4.