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IC 16-23-1-23 — Procurement contracts; trust bids, proposals, and quotations

Chapter 1. City Hospitals in Third Class Cities

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Sec. 23. (a) This section applies to the award of a contract under this chapter for the procurement of property by acceptance of bids, proposals, or quotations. (b) A bid, proposal, or quotation submitted by a trust (as defined in IC 30-4-1-1(a)) must identify each: (1) beneficiary of the trust; and (2) settlor empowered to revoke or modify the trust.

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

Source: official publisher (2026 edition)

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