Indiana Statutes

§ 36-2-3-8 — Adverse interest; forfeiture

Indiana·Title 36 LOCAL GOVERNMENT·Art. 2 GOVERNMENT OF COUNTIES GENERALLY·Ch. 3 County Fiscal Body
A member of the fiscal body who purchases a bond, order, claim, or demand against the county for less than its face value shall forfeit it to the county and may not enforce it by legal action. [Pre-Local Government Recodification Citation: 17-1-24-13.] As added by Acts 1980, P.L.212, SEC.1.

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