(a) An individual member of the commission who knowingly or intentionally:(1) approves the transfer of money to any person or corporation not qualified under law for that transfer; or(2) approves a transfer for a purpose not permitted under law;commits a Level 6 felony.(b) A person who receives a transfer of money under this chapter and knowingly uses that money for any purpose not permitted under this chapter commits a Level 6 felony.(c) It is a defense to a prosecution under this section that the person who engaged in the conduct prohibited by subsection (a) exercised reasonable business judgment and discretion based on information available at the time of the decision.As added by P.L.236-2023, SEC.121.
Indiana Legal Code