(a) A director of the commission who knowingly has an interest:(1) in any contract with the commission; or(2) in the sale or lease of any real or personal property to the commission;commits a Class A misdemeanor. All such contracts or leases are void.(b) This section does not apply to contracts for purchases of property, real or personal, between the commission and:(1) the authority;(2) any political subdivision; or(3) any department or agency of the state.As added by P.L.233-2013, SEC.5.
Indiana Legal Code