In addition to other applicable provisions of law pertaining to conflicts of interest
of public officials, no board member, appointive or otherwise, may participate in
any decision on any board contract in which the board member has any interests, direct
or indirect, with any firm, partnership, corporation, or association which would be
the recipient of any aid under this chapter. In any instance where the participation occurs, the board shall void the transaction,
and the involved member shall be subject to whatever further sanctions may be provided
by law. The board shall frame and adopt a code of ethics for its members, which shall be
designed to protect the state and its citizens from any unethical conduct by the board.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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