§ 36-1-9.5-36 — Initial statement submitted by corporation; requirements; foreign corporations

Indiana § 36-1-9.5-36

• Jurisdiction: Indiana
• Title 36: LOCAL GOVERNMENT
• Art. 1: GENERAL PROVISIONS
• Ch. 9.5: Qualifications of Bidders for Certain Contracts

Text

(a) The initial statement submitted by a
corporation must be accompanied by a certified copy of the following:
(1) The minutes covering the election of current officers.
(2) The current authority for individuals' personal signatures to
contracts of the corporation, which may be:
(A) a part of the corporation's original articles of incorporation;
or
(B) a subsequent official action of the stockholders or the board
of directors of the corporation.
(b) If personnel or authority for individuals' personal signatures are
changed in any manner, the contractor shall immediately notify the
prequalification administrator and furnish the prequalification
administrator with certified copies of appropriate documents.
(c) The initial statement of a foreign corporation must be
accompanied by:
(1) valid evidence that the corporation is registered and in good
standing with the secretary of state to do business in Indiana; or
(2) a letter stating that, if the corporation becomes the successful
bidder on a contract, authorization will be secured by the
corporation not later than fifteen (15) days after the bid opening.

Legislative History

As added by P.L.85-1991, SEC.3.