{"data":{"id":"us-in/ic-5-1-17.5-23","jurisdiction":"us-in","citation":"IC 5-1-17.5-23","heading":"Director's interest in contracts or in sale or lease of property prohibited","body":"Sec. 23. (a) A director of the commission who knowingly has an interest:\n(1) in any contract with the commission; or\n(2) in the sale or lease of any real or personal property to the commission;\ncommits a Class A misdemeanor. All such contracts or leases are void.\n(b) This section does not apply to contracts for purchases of property, real or personal, between the commission and:\n(1) the authority;\n(2) any political subdivision; or\n(3) any department or agency of the state.","path":["TITLE 5. STATE AND LOCAL ADMINISTRATION","ARTICLE 1. BONDS AND OTHER OBLIGATIONS","Chapter 17.5. Motorsports Investment District"],"source_url":"https://iga.in.gov/ic/2026/Title_5.html#5-1-17.5-23","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-02T16:11:39Z","sha256":"69280515d7a8f490efb440e988eb8cfd1914d6febfb5a29e272b45061d543592","source_id":"us-in","stale":false,"prev":"us-in/ic-5-1-17.5-22","next":"us-in/ic-5-1-17.5-24"},"notice":"GroundRules: Original legal text. Not legal advice."}