Indiana Statutes
§ 5-1-4-9 — Pecuniary interest of directors; transaction void
Indiana § 5-1-4-9
JurisdictionIndiana
Title 5STATE AND LOCAL ADMINISTRATION
Art. 1BONDS AND OTHER OBLIGATIONS
Ch. 4Hospital Bonding Authorities
This text of Indiana § 5-1-4-9 (Pecuniary interest of directors; transaction void) 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 § 5-1-4-9 (2026).
Text
Pecuniary Interest of Director - Transaction Void.
No director shall have any pecuniary interest in any contract,
employment, purchase or sale made under the provisions of this
chapter, and any transaction made in which any director has a
pecuniary interest shall be void.
Formerly: Acts 1971, P.L.41, SEC.1; Acts 1972, P.L.10,
SEC.1.
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Nearby Sections
15
§ 5-1-1-1
Validation§ 5-1-1-2
Repealed§ 5-1-10-1
Issuance; purpose; restrictions§ 5-1-11-7
Restrictions on powers§ 5-1-11.5-1
"ADM"§ 5-1-11.5-2
"Bonds"§ 5-1-11.5-3
Application to certain school corporations§ 5-1-12-1
"Municipal corporation" definedCite This Page — Counsel Stack
Bluebook (online)
Indiana § 5-1-4-9, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/5-1-4-9.