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IC 16-24-1-14 — Bids, proposals, or quotations submitted by trusts; requirements

Chapter 1. County Tuberculosis Hospitals; Power of County Board; Board of Managers

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Section text

Sec. 14. If a board of managers disposes of real property or awards a contract for the procurement of property by acceptance of bids, proposals, or quotations, a bid, proposal, or quotation submitted by a trust (as defined in IC 30-4-1-1(a)) must identify the following: (1) The beneficiary of the trust. (2) The settlor empowered to revoke or modify the trust.

As added by P.L.2-1993, SEC.7.

Source: official publisher (2026 edition)

Sections IC 16-24-1-14 cites