Indiana § 5-1.2-5-7 Authority may enter into contracts; exempt from certain rules

Indiana Statutes

§ 5-1.2-5-7 — Authority may enter into contracts; exempt from certain rules

Indiana § 5-1.2-5-7

Title 5STATE AND LOCAL ADMINISTRATION

Art. 1.2INDIANA FINANCE AUTHORITY

Ch. 5State Facility Financing

This text of Indiana § 5-1.2-5-7 (Authority may enter into contracts; exempt from certain rules) 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 § 5-1.2-5-7 (2026).

Text

Except for persons the authority considers necessary to prepare complete plans and specifications necessary for bidding for construction, the authority may not enter into:

(1)a contract for the performance of work, other than a contract of employment with a professional person or a commission employee; or

(2)a contract for the purchase or sale of materials or supplies; without complying with IC 4-13-2 and the rules and procedures of the department of administration.

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Except for persons the authority considers
necessary to prepare complete plans and specifications necessary for
bidding for construction, the authority may not enter into:
(1) a contract for the performance of work, other than a contract
of employment with a professional person or a commission
employee; or
(2) a contract for the purchase or sale of materials or supplies;
without complying with IC 4-13-2 and the rules and procedures of the
department of administration.