An individual is not prohibited from serving as a member of the governing board if the member:
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 that interest or profit.
IC 16-22-13-2
Pre-1993 Recodification Citation: 16-12-18.1-1(b).