Indiana Code 36-2-2.8-5. Ordinance requiring standard contractual language
Current as of: 2024 | Check for updates
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Sec. 5. The county executive may, by ordinance, require standard contractual language to be used in all contracts entered into by the county, including contracts executed by a county officer. The ordinance may include:
(2) dispute resolution provisions;
(1) provisions for indemnification;
Terms Used In Indiana Code 36-2-2.8-5
- county officer: has the meaning set forth in Indiana Code 36-2-2.8-3
- Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
- Venue: The geographical location in which a case is tried.
(3) venue requirements;
(4) termination provisions; and
(5) notification provisions.
As added by P.L.139-2024, SEC.1.