Section 80IAC8-3-12. Identification of each beneficiary and empowered settlor  


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  •    (a) This section applies whenever a contract is awarded by sealed bidding or acceptance of proposals.

      (b) A bid or proposal submitted by a trust (as defined in IC 30-4-1-1(a)) must identify each of the following:

    (1) Beneficiary of the trust.

    (2) Settlor empowered to revoke or modify the trust.

    (State Fair Commission; 80 IAC 8-3-12; filed Nov 7, 2016, 3:46 p.m.: 20161207-IR-080160210FRA)