Sec. 8. A member of the fiscal body who purchases a bond, order, claim, or demand against the county for less than its face value shall forfeit it to the county and may not enforce it by legal action.
[Pre-Local Government Recodification Citation: 17-1-24-13.]
As added by Acts 1980, P.L.212, SEC.1.
Structure Indiana Code
Article 2. Government of Counties Generally
36-2-3-1. Application of Chapter
36-2-3-2. County Council to Be County Fiscal Body
36-2-3-3. Election of Fiscal Body; Terms
36-2-3-4.7. Ordinance for Division of County Into Districts
36-2-3-5. Election of Fiscal Body; Prerequisites; Forfeiture of Office
36-2-3-7. Meetings; Location; Duties; Special Meetings; Notice; Emergency Meetings
36-2-3-8. Adverse Interest; Forfeiture
36-2-3-9. Expulsion of Member of Fiscal Body; Declaring Seat of Member Vacant; Procedure
36-2-3-10. Employment of Attorney to Represent and Advise Fiscal Body