Indiana Statutes

§ 16-24-1-14 — Bids, proposals, or quotations submitted by trusts; requirements

Indiana·Title 16 HEALTH·Art. 24 TUBERCULOSIS HOSPITALS·Ch. 1 County Tuberculosis Hospitals; Power of County Board;

If a board of managers disposes of real property or awards a contract for the procurement of property by acceptance of bids, proposals, or quotations, a bid, proposal, or quotation submitted by a trust (as defined in IC 30-4-1-1(a)) must identify the following:

(1)The beneficiary of the trust.
(2)The settlor empowered to revoke or modify the trust. [Pre-1993 Recodification Citation: 16-11-1-4(c).]

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Legislative History

As added by P.L.2-1993, SEC.7.

Nearby Sections

15
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