(a) No commissioner or employee of an agency shall acquire any interest, direct or indirect, in any urban renewal project nor 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 urban renewal project.
(b) (1) If any commissioner or employee of an agency owns or controls a direct or indirect interest in any property included or planned to be included in any urban renewal project, he immediately shall disclose it, in writing, to the agency. This disclosure shall be entered upon the minutes of the agency.
(2) Failure so to disclose such interest shall constitute misconduct in office.
Section: Previous 14-169-702 14-169-703 14-169-704 14-169-705 14-169-706 14-169-707 14-169-708 14-169-709 14-169-710 14-169-711 14-169-712 14-169-713Last modified: November 15, 2016