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IC 4-13.6-5-2.5 — Application of section; sealed bid or quotation submitted by trust

Chapter 5. Bidding Requirements

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Section text

Sec. 2.5. (a) This section applies whenever a contract is awarded by competitive sealed bidding or acceptance of quotations. (b) A bid 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.336-1989(ss), SEC.10.

Source: official publisher (2026 edition)

Sections IC 4-13.6-5-2.5 cites