Indiana Statutes

§ 4-30-8-6 — Liquidated damages

Indiana·Art. 30 INDIANA STATE LOTTERY·Ch. 8 Vendors; Disclosure and Contract Requirements
Each contract entered into by the commission for a major procurement under this chapter must contain a provision for payment of liquidated damages to the commission for a breach of the major procurement contract by the vendor.

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Legislative History

As added by P.L.341-1989(ss), SEC.1. Amended by P.L.32-1990, SEC.3.

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