Sec. 7. An individual is not prohibited from serving as a member of the board of governors 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 of governors 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: 16-12.2-8-1(e).]
As added by P.L.2-1993, SEC.6.
Structure Indiana Code
Article 23. Municipal and Other Types of Hospitals
Chapter 2. Hospital Boards of Governors in Third Class Cities
16-23-2-7. Conflicts of Interest
16-23-2-8. Control of Hospitals
16-23-2-9. Hospital Funds; Duties of Clerk-Treasurer; Deposits and Payments