Ind. Code § 5-17-1-3
Prescribed forms for trust bids, offers, proposals, estimates, or contracts
Indiana · Indiana Code Title 5 — State and Local Administration · Status: effective
Cite this
- Citation
- Ind. Code § 5-17-1-3, Prescribed forms for trust bids, offers, proposals, estimates, or contracts, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1608780
- Permanent ID
ys:prov:1608780@1- SHA-256
a2f28f7aedc0f6ad30d4a7da955801f2093eb024aa038c5be20cae4e816c675f
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
Sec. 3.
(a) A purchaser may not make any purchase or contract for the purchase of any material, equipment, goods, or supplies or the lease of equipment unless the bid, offer, proposal, estimate, or contract of any person, firm, limited liability company, or corporation offering any and all such articles for sale or equipment for lease is executed upon the forms prescribed by the state board of accounts setting forth the quantity, quality, and purchase or lease price of every article and thing proposed for sale or lease.
(b) A bid, offer, proposal, estimate, or contract submitted by a trust (as defined in IC 30-4-1-1(a)) must identify each:
(1) beneficiary of the trust; and
(2) settlor empowered to revoke or modify the trust.