Ind. Code § 16-22-10-4

Current through P.L. 171-2024

Section 16-22-10-4 - Conflict of interest of board member

An individual is not prohibited from serving as a member of the board of managers or board of trustees if the member:

(1) has a pecuniary interest in; or

(2) derives a profit from;

a contract or purchase connected with the hospital. However, the member shall disclose the interest or profit in writing to the board and provide a copy to the state board of accounts. The member shall abstain from voting on any matter that affects the interest or profit.

IC 16-22-10-4

Pre-1993 Recodification Citation: 16-12-4-2(d).

As added by P.L. 2-1993, SEC.5.