Indiana Code 5-28-5-5. Ethics
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Sec. 5. The board and the employees of the corporation are:
(2) subject to ethics rules and requirements that apply to the executive branch of state government.
(1) under the jurisdiction of and rules adopted by the state ethics commission; and
Terms Used In Indiana Code 5-28-5-5
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
However, the board may adopt additional ethics rules and requirements that are more stringent than those adopted by the state ethics commission.
As added by P.L.4-2005, SEC.34.