(a) No member of the Board of Directors or either District Governing Board shall have any interest, directly or indirectly, as principal, surety, or otherwise, in any contract, the expense or consideration whereof is payable out of funds of the corporation.
(b) Nothing in this chapter shall be construed as authorizing the corporation to sell bonds or notes except through the Public Finance Authority.
(c) The corporation shall not commit unappropriated Government funds, nor acquire property which will impose an additional financial burden on the Government of the Virgin Islands.
(d) The Corporation may not sell, mortgage, pledge or assign any real property, including improvements thereon, owned by the Corporation without the approval of the Legislature.