Alaska Statutes (Last Updated: January 11, 2017) |
Title 44. STATE GOVERNMENT. |
Chapter 44.88. ALASKA INDUSTRIAL DEVELOPMENT AND EXPORT AUTHORITY. |
Article 44.88.04. GENERAL ADMINISTRATIVE PROVISIONS. |
Section 44.88.180. Conflicts of interest.
Latest version.
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(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(b) [Repealed, Sec. 82 ch 41 SLA 2009].
Notes
History
(Sec. 1 ch 64 SLA 1967; am Sec. 56 ch 113 SLA 1982; am Sec. 82 ch 41 SLA 2009)