Legislation
SECTION 1299-TT
Interest of members or employees of authority in contracts prohibited
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 5, TITLE 11-B
§ 1299-tt. Interest of members or employees of authority in contracts
prohibited. It shall be a misdemeanor for a member of the authority or
an officer, agent, servant or employee employed by or appointed by the
authority, to be in any way or manner interested, directly or
indirectly, as principal, surety or otherwise, in a contract, the
expense or consideration whereof is payable out of the funds of the
authority.
prohibited. It shall be a misdemeanor for a member of the authority or
an officer, agent, servant or employee employed by or appointed by the
authority, to be in any way or manner interested, directly or
indirectly, as principal, surety or otherwise, in a contract, the
expense or consideration whereof is payable out of the funds of the
authority.