Sec. 2. An individual is not prohibited from serving as a member of the board of directors 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: 16-12-18-1(b).]
As added by P.L.2-1993, SEC.5.
Structure Indiana Code
16-22-12-1. Counties Where Chapter Applies
16-22-12-2. Conflict of Interest of Board Members
16-22-12-3. County Appropriation and Tax Levy
16-22-12-4. Conditions of Operation of Recipient Hospitals
16-22-12-5. Eligibility of Organization Operating Hospital
16-22-12-6. Submission of Requests for Aid
16-22-12-7. Payment of Tax Collections
16-22-12-8. Assistance to More Than One Hospital Corporation