(a) A member of the authority may not vote on a resolution of the authority relating to a lease or contract to be entered into by the authority under this chapter if the member is a party to the lease or contract or has a direct ownership or equity interest in a firm, partnership, corporation, or association that may be a party to the contract or lease. A resolution of the authority that is approved by a majority of the members who are not barred from voting under this subsection is a valid action of the authority for all purposes.
(b) [Repealed, Sec. 82 ch 41 SLA 2009].
Section: Previous 44.88.172 44.88.173 44.88.174 44.88.175 44.88.176 44.88.177 44.88.178 44.88.180 44.88.190 44.88.200 44.88.205 44.88.210 44.88.212 44.88.215 44.88.220 NextLast modified: November 15, 2016