Director's interest in contracts or in sale or lease of property prohibited
Ind. Code § 5-1-17.5-23
in effectSec. 23. (a) A director of the commission who knowingly has an interest:
(1) in any contract with the commission; or
(2) in the sale or lease of any real or personal property to the commission;
commits a Class A misdemeanor. All such contracts or leases are void.
(b) This section does not apply to contracts for purchases of property, real or personal, between the commission and:
(1) the authority;
(2) any political subdivision; or
(3) any department or agency of the state.
As added by P.L.233-2013, SEC.5.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/5Fetched: 10/17/2026