Procurement of Property by State or Local Armory Board; Trust Bid, Proposal, or Quotation

Checkout our iOS App for a better way to browser and research.

Sec. 8. (a) This section applies if a contract for the procurement of property by the state armory board or a local armory board 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.

[Pre-2003 Recodification Citation: 10-2-2-14.5.]

As added by P.L.2-2003, SEC.7.


Download our app to see the most-to-date content.