Indiana § 16-23-6-2 Conflicts of interest

Indiana Statutes

§ 16-23-6-2 — Conflicts of interest

Indiana·Title 16 HEALTH·Art. 23 MUNICIPAL AND OTHER TYPES OF·Ch. 6 Lease of Hospital Property by Cities to Nonprofit

An individual is not prohibited from serving as a member of the board of directors if the member:

(1)has a pecuniary interest in; or

(2)derives a profit from; a contract or purchase connected with the hospital. However, the member shall disclose the interest or profit in writing to the board and provide a copy to the state board of accounts. The member shall abstain from voting on any matter that affects the interest or profit. [Pre-1993 Recodification Citation: 16-12.2-2-1(b).]

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An individual is not prohibited from serving as
a member of the board of directors if the member:
(1) has a pecuniary interest in; or
(2) derives a profit from;
a contract or purchase connected with the hospital. However, the
member shall disclose the interest or profit in writing to the board and
provide a copy to the state board of accounts. The member shall abstain
from voting on any matter that affects the interest or profit.
[Pre-1993 Recodification Citation: 16-12.2-2-1(b).]

Indiana § 16-23-6-2 (Conflicts of interest) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.