(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.
Section: Previous 14-169-202 14-169-203 14-169-204 14-169-205 14-169-206 14-169-207 14-169-208 14-169-209 14-169-210 14-169-211 14-169-212 14-169-213 14-169-214 14-169-215 14-169-216 NextLast modified: November 15, 2016