- (a) This section applies to the award of a contract under this chapter by acceptance of bids, proposals, or quotations.
(b) A bid, proposal, or quotation submitted by a trust (as defined in IC 30-4-1-1 (a)) must identify each:
- (1) beneficiary of the trust; and
- (2) settlor empowered to revoke or modify the trust.
As added by P.L.336-1989(ss), SEC.19.