16-23-2-7. Conflicts of interest

IN Code § 16-23-2-7 (2019) (N/A)
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Sec. 7. An individual is not prohibited from serving as a member of the board of governors 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 of governors 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.

[Pre-1993 Recodification Citation: 16-12.2-8-1(e).]

As added by P.L.2-1993, SEC.6.