Trustees and Directors; Conflicts of Interest

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

Sec. 20. A trustee or director may not have any pecuniary interest in any contract, employment, purchase, or sale made under this chapter. Any such transaction in which a trustee or director has a pecuniary interest is void.

[Pre-Local Government Recodification Citation: 19-8-4-7.]

As added by Acts 1981, P.L.309, SEC.86.


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