Employment of former board members or corporation officers by vendors of the corporation within one year after termination of service with corporation prohibited; exceptions; administration of provisions of section by State Ethics Commission
Employment of former board members or corporation officers by vendors of the corporation within one year after termination of service with corporation prohibited; exceptions; administration of provisions of section by State Ethics Commission
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No former board member or officer of the corporation, or a corporation or other entity owned, in whole or in part, by a former board member or officer of the corporation, shall solicit or accept employment or enter into a contract for compensation of any kind with a vendor of the corporation within one (1) year after termination of service with the corporation.
The name of any individual who is a board member or an officer or employee of the corporation shall not appear upon any lottery ticket, lottery game, lottery form or paper used in playing any lottery game.
Violation of any provision of this section by a board member, officer or employee of the corporation shall constitute cause for removal from office or dismissal from employment.
The provisions of subsections (1) and (3) of this section shall not apply to ex officio members of the board.
The State Ethics Commission shall administer and enforce the provisions of this section. The procedures and penalties provided for in Section 25-4-101 et seq. shall apply to the administration and enforcement of the provisions of this section.