Affected by 63I-1-263 on 7/1/2029 63H-4-104. Member or employee -- Disclosure of interest. (1) A member or employee of the authority who has, will have, or later acquires an interest, direct or indirect, in a transaction with the authority shall immediately disclose the nature and extent of that interest in writing to the authority as soon as the member or employee has knowledge of the actual or prospective interest. (2) This disclosure shall be entered upon the minutes of the authority. (3) Upon this disclosure that member or employee may participate in any action by the authority authorizing the transaction. Renumbered and Amended by Chapter 370, 2011 General Session
‹ Prev All Utah sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.