2011 Louisiana Laws
Revised Statutes
TITLE 51 — Trade and commerce
RS 51:2320.1 — Conflict of interest prohibited
§2320.1. Conflict of interest prohibited
No member of the corporation, employee thereof, or employee of the Department of Economic Development who is provided as staff to the corporation shall either directly or indirectly be a party to or be in any manner interested in any contract or agreement with the corporation for any matter, cause, or thing whatsoever by reason whereof any liability or indebtedness shall in any way be created against such corporation. If any contract or agreement shall be made in violation of the provisions of this Section the same shall be null and void and no action shall be maintained thereon against the corporation.
Acts 1992, No. 1136, §1, eff. Jan. 1, 1994.
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