Sec. 20. A trustee or director may not have any pecuniary interest in any contract, employment, purchase, or sale made under this chapter. Any such transaction in which a trustee or director has a pecuniary interest is void.
As added by P.L.386-1987(ss), SEC.20.
Structure Indiana Code
Title 8. Utilities and Transportation
Article 18. County Roads─financing and Bonding
Chapter 20. County Toll Road Authorities
8-18-20-1. Application of Chapter
8-18-20-3. "Toll Road" Defined
8-18-20-4. Establishment; Name; Municipal Corporation
8-18-20-5. Hearing on Creation; Notice by Publication; Resolution; Filing; Proof of Establishment
8-18-20-6. Board of Trustees; Membership; Notice of Appointment; Oath
8-18-20-7. Expiration of Trustee's Term; Successor
8-18-20-8. Vacancies on Board of Trustees
8-18-20-9. First Meeting of Trustees; Officers; Appointment of Board of Directors
8-18-20-10. Board of Trustees; Procedural Rules; Record; Regular and Special Meetings
8-18-20-11. Board of Directors; Membership; Appointments; Oath
8-18-20-12. Expiration of Director's Term; Successor
8-18-20-13. Vacancies on Board of Directors
8-18-20-14. First Meeting of Directors; Officers
8-18-20-15. Regular and Special Meetings of Directors
8-18-20-16. Rules of Directors; Quorum; Majority Vote
8-18-20-17. Vacation of Office by Trustee or Director
8-18-20-18. Removal of Trustee or Director