# Ind. Code § 14-32-5-3: Bids, proposals, or quotations submitted by a trust

> Indiana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_IN_T14_A32_C5_S14-32-5-3

## Section

- **Citation:** Ind. Code § 14-32-5-3
- **Heading:** Bids, proposals, or quotations submitted by a trust
- **Jurisdiction:** Indiana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Indiana Code / Title 14 / Article 32 / Chapter 5 / Section 14-32-5-3

## Text

Sec. 3. If:

(1) a district disposes of real property or awards a contract for the procurement of property by acceptance of bids, proposals, or quotations; and

(2) a bid, proposal, or quotation is submitted by a trust (as defined in IC 30-4-1-1(a));

the bid, proposal, or quotation submitted by the trust must identify each beneficiary of the trust and each settlor empowered to revoke or modify the trust.

[Pre-1995 Recodification Citation: 13-3-1-8(c).]

As added by P.L.1-1995, SEC.25. Amended by P.L.136-1997, SEC.29.

## Nearby sections

- [Ind. Code § 14-32-5-1 General powers](https://www.frixlaw.com/law-library/statutes/STATE_IN_T14_A32_C5_S14-32-5-1.md)
- [Ind. Code § 14-32-5-2 Inapplicable provisions](https://www.frixlaw.com/law-library/statutes/STATE_IN_T14_A32_C5_S14-32-5-2.md)
- [Ind. Code § 14-32-5-3 Bids, proposals, or quotations submitted by a trust](https://www.frixlaw.com/law-library/statutes/STATE_IN_T14_A32_C5_S14-32-5-3.md)
- [Ind. Code § 14-32-5-3.5 Certificate of organization; rebuttable presumption of establishment of district](https://www.frixlaw.com/law-library/statutes/STATE_IN_T14_A32_C5_S14-32-5-3.5.md)
- [Ind. Code § 14-32-5-4 "Landfill"; inspection](https://www.frixlaw.com/law-library/statutes/STATE_IN_T14_A32_C5_S14-32-5-4.md)
- [Ind. Code § 14-32-5-5 Prohibited actions](https://www.frixlaw.com/law-library/statutes/STATE_IN_T14_A32_C5_S14-32-5-5.md)
- [Ind. Code § 14-32-5-6 Cooperation among districts](https://www.frixlaw.com/law-library/statutes/STATE_IN_T14_A32_C5_S14-32-5-6.md)
- [Ind. Code § 14-32-5-7 State agencies and governmental subdivisions cooperating with districts](https://www.frixlaw.com/law-library/statutes/STATE_IN_T14_A32_C5_S14-32-5-7.md)
- [Ind. Code § 14-32-5-8 Appropriations](https://www.frixlaw.com/law-library/statutes/STATE_IN_T14_A32_C5_S14-32-5-8.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_IN_T14_A32_C5_S14-32-5-3. Check the current official text before relying on it. Not legal advice.