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Arkansas Code Title 14. Local Government § 14-169-713. Conflict of interest prohibited

Current as of March 28, 2024 | Updated by Findlaw Staff

(a) No commissioner or employee of an agency shall acquire any interest, direct or indirect, in any urban renewal project nor in any property included or planned to be included in any project, nor shall he have any interest, direct or indirect, in any contract or proposed contract for materials or services to be furnished or used in connection with any urban renewal project.

(b)(1) If any commissioner or employee of an agency owns or controls a direct or indirect interest in any property included or planned to be included in any urban renewal project, he immediately shall disclose it, in writing, to the agency. This disclosure shall be entered upon the minutes of the agency.

(2) Failure so to disclose such interest shall constitute misconduct in office.

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Cite this article: FindLaw.com - Arkansas Code Title 14. Local Government § 14-169-713. Conflict of interest prohibited - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-14-local-government/ar-code-sect-14-169-713/

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