Indiana Administrative Code
Title 105 - INDIANA DEPARTMENT OF TRANSPORTATION
Article 6 - GENERAL PROVISIONS FOR HIGHWAYS
Rule 1 - Real Estate Speculation by Employees Prohibited
Section 1-1 - Real estate speculation prohibited

Universal Citation: 105 IN Admin Code 1-1
Current through March 20, 2024

Authority: IC 8-9.5-4-8; IC 8-13-1-6

Affected: IC 8-9.5-4; IC 8-13-1-11

Sec. 1.

BE IT RESOLVED (1) that it is the policy of this Commission that officials, agents or employees thereof, shall not speculate in the purchase of real estate in the State of Indiana, where such real estate is or may be involved in the building programs of the Indiana State or Federal Highways; (2) that if any official, agent or employee of this Commission shall directly or indirectly, acting singly or in concert with others, acquire any interest for speculative purposes in real estate in the State of Indiana of any kind or character which real estate is or may be involved in the manner aforesaid, such acquisition shall constitute (cause) for dismissal.

Transferred from Department of Highways ( 120 IAC 1-1-1 ) to Indiana Department of Transportation ( 105 IAC 6-1-1 ) by P.L. 112-1989, SECTION 5, effective July 1, 1989.

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