Indiana Code
Chapter 10. Board of Managers or Trustees of Certain Nonprofit Hospital Associations in Certain Cities
16-22-10-4. Conflict of Interest of Board Member

Sec. 4. An individual is not prohibited from serving as a member of the board of managers or board of trustees if the member:
(1) has a pecuniary interest in; or
(2) derives a profit from;
a contract or purchase connected with the hospital. However, the member shall disclose the interest or profit in writing to the board and provide a copy to the state board of accounts. The member shall abstain from voting on any matter that affects the interest or profit.
[Pre-1993 Recodification Citation: 16-12-4-2(d).]
As added by P.L.2-1993, SEC.5.

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