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14-169-209. Commissioner or employee interest prohibited.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-169-209. Commissioner or employee interest prohibited.
(a) No commissioner or employee of a housing authority shall acquire any interest, direct or indirect, in any housing project or 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 housing project.
(b)(1) If any commissioner or employee of an authority owns or controls an interest, direct or indirect, in any property included or planned to be included in any housing project, he immediately shall disclose it, in writing, to the authority. The disclosure shall be entered upon the minutes of the authority.
(2) Failure so to disclose an interest shall constitute misconduct in office.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-169-209
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:14-169-209
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: fee205b4c611fc1acd64d46e402293cab107e48826421adad4d312c6cdfee9cc
Source location: content.xml paragraph 39910
Stored source content
14-169-209. Commissioner or employee interest prohibited.
(a) No commissioner or employee of a housing authority shall acquire any interest, direct or indirect, in any housing project or 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 housing project.
(b)(1) If any commissioner or employee of an authority owns or controls an interest, direct or indirect, in any property included or planned to be included in any housing project, he immediately shall disclose it, in writing, to the authority. The disclosure shall be entered upon the minutes of the authority.
(2) Failure so to disclose an interest shall constitute misconduct in office.
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