IC 21-18-5-3 — Application of section; procurement contracts; trust bid; proposal or quotation
Chapter 5. Administration
Section text
Sec. 3. (a) This section applies whenever a contract for the procurement of property for the commission is awarded 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.2-2007, SEC.259.
Source: official publisher (2026 edition)