2011 South Dakota Code
Title 1 STATE AFFAIRS AND GOVERNMENT
Chapter 16I. South Dakota Energy Infrastructure Authority
§1-16I-14 Business interests not disqualification for membership--Abstention where conflict of interest.


SD Codified L § 1-16I-14 (through 2011) What's This?

1-16I-14. Business interests not disqualification for membership--Abstention where conflict of interest. Notwithstanding any other law to the contrary it is not a conflict of interest for a trustee, director, officer, or employee of any financial institution, investment banking firm, brokerage firm, commercial bank or trust company, architectural firm, utility company, engineering firm, mining firm, insurance company, energy company, or any other firm, person, or corporation to serve as a member of the authority, if the trustee, director, officer, or employee abstains from deliberation, action, and vote by the authority in each instance where the business affiliation of any such trustee, director, officer, or employee is involved.

Source: SL 2005, ch 13, § 14.

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