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2017 Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 1 - Public Utilities and Carriers
Chapter 10 - Transportation of Passengers and Freight Generally
Subchapter 1 - General Provisions
§ 23-10-108. Railroads -- Officers, agents, or employees not to be personally interested in contracts
Universal Citation: AR Code § 23-10-108 (2017)
- (a) No president, director, officer, agent, or employee of any railroad shall be interested, directly or indirectly, in the furnishing of materials or supplies to the railroad or in the business of transportation as a common carrier of freight or passengers over the works owned, leased, controlled, or worked by the railroad, nor in any arrangement which shall afford more advantageous terms or greater facilities than are offered or accorded to the public.
- (b) All contracts and arrangements in violation of this section shall be void.
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