80 Ind. Admin. Code 8-3-12

Current through October 31, 2024
Section 80 IAC 8-3-12 - Identification of each beneficiary and empowered settlor

Authority: IC 15-13-2-9; IC 15-13-3-8

Affected: IC 15-13-2; IC 30-4-1-1

Sec. 12.

(a) This section applies whenever a contract is awarded by sealed bidding or acceptance of proposals.
(b) A bid or proposal submitted by a trust (as defined in IC 30-4-1-1(a)) must identify each of the following:
(1) Beneficiary of the trust.
(2) Settlor empowered to revoke or modify the trust.

80 IAC 8-3-12

State Fair Commission; 80 IAC 8-3-12; filed 11/7/2016, 3:46 p.m.: 20161207-IR-080160210FRA
Readopted filed 11/15/2022, 10:12 a.m.: 20221214-IR-080220291RFA