Sec. 16. The commissioner of the department of administration, a member of the commissioner's department, or a member of a standardization committee may not be financially interested or have any personal beneficial interest in any contract or purchase order for any supplies, materials, equipment, or services used by or furnished to any agency of the state.
Ind. Code § 4-13-2-16
State contracts and purchases; adverse or pecuniary interest of officers
Known as the Financial Reorganization Act
The act spans §§ 4-13-2-0.1 to 4-13-2-9 (48 sections).
Formerly: Acts 1947, c.279, s.16
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.