Indiana § 36-7-12-16 - Pecuniary interest of commissioner in matters considered by commission
Full text of Indiana Indiana Code § 36-7-12-16 — Pecuniary interest of commissioner in matters considered by commission, with citation guidance and answers to common questions.
§ 36-7-12-16. Pecuniary interest of commissioner in matters considered by commission
Sec. 16. (a) An economic development commissioner shall disclose any pecuniary interest in any employment, financing agreement, or other contract made under this chapter before any action by the commission on it, and shall not vote on any such matter.
(b) Notwithstanding any other law, a member of the fiscal body of a unit may have a pecuniary interest in any employment, financing agreement, or other contract made under this chapter if the member discloses the member's pecuniary interest before any action by the fiscal body on it and does not vote on any such matter.
(c) If any property in which an economic development commissioner or member of a fiscal body of a unit has a pecuniary interest is property required for the purposes of this chapter, that property may be acquired, but only by gift or condemnation.
[Pre-Local Government Recodification Citation: 18-6-4.5-9.]
As added by Acts 1981, P.L.309, SEC.31. Amended by P.L.127-2017, SEC.198.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 36-7-12-16
What does Indiana Code § 36-7-12-16 cover?
Section 36-7-12-16 ("Pecuniary interest of commissioner in matters considered by commission") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 36-7-12-16?
A common citation format is "Indiana Code § 36-7-12-16" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 36-7-12-16 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.