2009 Rhode Island Code
Title 45 - Towns and cities
CHAPTER 45-50 - Municipal Public Buildings Authorities
§ 45-50-5.2 - Interest of members or employees in property.
SECTION 45-50-5.2
§ 45-50-5.2 Interest of members or employees in property. – No member or employee of an authority shall acquire any direct interest in any project or in any property included or planned to be included in any project, nor shall he or she have any direct or indirect interest in any contract or proposed contract for materials or services to be furnished or used in connection with any project. If any member or employee of an authority owns or controls a direct or indirect interest in any property, included or planned to be included in any project, he or she shall immediately disclose the interest, in writing, to the authority and the disclosure shall be entered upon the minutes of the authority. Failure to disclose the interest constitutes misconduct in office.
Disclaimer: These codes may not be the most recent version. Rhode Island may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
