Conflict of interest, procedure to avoid.

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Effective - 28 Aug 1981

173.380. Conflict of interest, procedure to avoid. — Any other provision of the law to the contrary notwithstanding, it shall not be or constitute a conflict of interest for a trustee, director, officer, or employee of any educational institution, financial institution, investment banking firm, brokerage firm, commercial bank or trust company, or any other firm, person, or corporation to serve as a member of the authority, provided such trustee, director, officer, or employee shall abstain from deliberation, action, and vote by the authority in each instance where the business affiliation of* any such trustee, director, officer, or employee is involved.

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(L. 1981 H.B. 326)

*Word "or" appears in original rolls.


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