Indiana Statutes
§ 36-7-18-11 — Conflicts of interest
(a)Except as provided in subsection (b), a
commissioner or an employee of a housing authority may not acquire
or have any direct or indirect interest in:
(1)a housing project;
(2)any property included or planned to be included in a project;
or
(3)a contract or proposed contract for materials or services to be
furnished or used in connection with any housing project.
(b)A commissioner or an employee of a housing authority may have
an interest described in subsection (a) if that interest is in:
(1)a bank or similar financial institution in which housing
authority money is deposited;
(2)a contract for materials or services provided on an emergency
basis under IC 5-22-10-4 in which time is of the essence, if:
(A)the materials or services are priced at a cost comparable to
the same mate
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Nearby Sections
15
§ 36-1-10-1
Application of chapter§ 36-1-10-10
Plans, specifications, and estimates for structures, systems, and
transportation projects§ 36-1-10-11
Property held in fee simple; sale procedure§ 36-1-10-12
Lease in anticipation of acquisition or construction of structure, system,
or transportation project§ 36-1-10-13
Hearing; procedure; execution of lease§ 36-1-10-17
Annual appropriation and tax levy§ 36-1-10-18
Tax exemption of leased structures, systems, and transportation
projects; taxation of rental paid lessor§ 36-1-10-19
Assignment or conveyance of lease; conveyance of structure, system,
or transportation project§ 36-1-10-2
Definitions§ 36-1-10-20
Repealed