Indiana § 36-7-14-10 Commissioners and nonvoting advisers; pecuniary interests in property
and transactions

Indiana Statutes

§ 36-7-14-10 — Commissioners and nonvoting advisers; pecuniary interests in property and transactions

Indiana § 36-7-14-10

Title 36LOCAL GOVERNMENT

Art. 7PLANNING AND DEVELOPMENT

Ch. 14Redevelopment of Areas Needing Redevelopment

This text of Indiana § 36-7-14-10 (Commissioners and nonvoting advisers; pecuniary interests in property and transactions) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 36-7-14-10 (2026).

Text

(a)A redevelopment commissioner or a nonvoting adviser appointed under section 6.1 of this chapter may not have a pecuniary interest in any contract, employment, purchase, or sale made under this chapter. However, any property required for redevelopment purposes in which a commissioner or nonvoting adviser has a pecuniary interest may be acquired, but only by gift or condemnation.

(b)A transaction made in violation of this section is void. [Pre-Local Government Recodification Citations: 18-7-7-10; 18-7-7.1-10.] As added by Acts 1981, P.L.309, SEC.33. Amended by Acts 1981, P.L.310, SEC.86; P.L.146-2008, SEC.724.

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(a) A redevelopment commissioner or a
nonvoting adviser appointed under section 6.1 of this chapter may not
have a pecuniary interest in any contract, employment, purchase, or
sale made under this chapter. However, any property required for
redevelopment purposes in which a commissioner or nonvoting adviser
has a pecuniary interest may be acquired, but only by gift or
condemnation.
(b) A transaction made in violation of this section is void.
[Pre-Local Government Recodification Citations: 18-7-7-10;
18-7-7.1-10.]
As added by Acts 1981, P.L.309, SEC.33. Amended by Acts
1981, P.L.310, SEC.86; P.L.146-2008, SEC.724.