Indiana Statutes

§ 8-23-9-13 — Trust bids

Indiana·Art. 23 INDIANA DEPARTMENT OF·Ch. 9 State Highway Contracts; General Powers
(a)This section applies whenever a contract is awarded under this chapter by acceptance of bids, proposals, or quotations.
(b)A bid, proposal, or quotation submitted by a trust (as defined in IC 30-4-1-1(a)) must identify each:
(1)beneficiary of the trust; and
(2)settlor empowered to revoke or modify the trust.

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Legislative History

As added by P.L.18-1990, SEC.218.

Nearby Sections

15
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