Indiana § 36-9-11.1-4 Pecuniary interest; board or employee

Indiana Statutes

§ 36-9-11.1-4 — Pecuniary interest; board or employee

Indiana § 36-9-11.1-4

Title 36LOCAL GOVERNMENT

Art. 9TRANSPORTATION AND PUBLIC WORKS

Ch. 11.1Parking Facilities in Marion County

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Bluebook

Ind. Code § 36-9-11.1-4 (2026).

Text

A member of the board or employee of the
department may not have, either directly or indirectly, any pecuniary
interest in any contract, purchase, or sale, or in any remuneration paid
to or received by any other person, under this chapter, and any
transaction made in which any such member or employee has a
pecuniary interest is void. However, any property required for the
purposes of the department in which a member of the board, or relative
of a member, has a pecuniary interest may be acquired but only by gift,
bequest, or devise.
As added by Acts 1982, P.L.77, SEC.13.

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A member of the board or employee of the
department may not have, either directly or indirectly, any pecuniary
interest in any contract, purchase, or sale, or in any remuneration paid
to or received by any other person, under this chapter, and any
transaction made in which any such member or employee has a
pecuniary interest is void. However, any property required for the
purposes of the department in which a member of the board, or relative
of a member, has a pecuniary interest may be acquired but only by gift,
bequest, or devise.
As added by Acts 1982, P.L.77, SEC.13.