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This entry was published on 2023-09-22
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SECTION 2350-Q
Ownership of agency bonds prohibited
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 8, TITLE 16
* § 2350-q. Ownership of agency bonds prohibited. No member, officer
or employee of the agency shall own or control the ownership of any
bonds of the agency; provided, however, that if any member, officer or
employee of the agency shall own or control the ownership of any bonds
of the agency on the date of appointment or employment as a member,
officer or employee, such member, officer or employee shall sell or
otherwise divest ownership of any such bonds as soon as reasonably
practicable or place such bonds in a blind trust for the period during
which such person serves as a member, officer or employee of the agency.

* NB Repealed December 31, 2023