Arkansas § 14-169-713 Interest of commissioner or employee in project or property or contract in connection with project

Arkansas Statutes

§ 14-169-713 — Interest of commissioner or employee in project or property or contract in connection with project

Arkansas § 14-169-713

Title14

This text of Arkansas § 14-169-713 (Interest of commissioner or employee in project or property or contract in connection with project) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 14-169-713 (2026).

Text

(a)No commissioner or employee of an agency shall acquire any interest, direct or indirect, in any urban renewal project nor in any property included or planned to be included in any project, nor shall he have any interest, direct or indirect, in any contract or proposed contract for materials or services to be furnished or used in connection with any urban renewal project.

(b)(1) If any commissioner or employee of an agency owns or controls a direct or indirect interest in any property included or planned to be included in any urban renewal project, he immediately shall disclose it, in writing, to the agency. This disclosure shall be entered upon the minutes of the agency.

(2)Failure so to disclose such interest shall constitute misconduct in office.

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(a) No commissioner or employee of an agency shall acquire any interest, direct or indirect, in any urban renewal project nor in any property included or planned to be included in any project, nor shall he have any interest, direct or indirect, in any contract or proposed contract for materials or services to be furnished or used in connection with any urban renewal project. (b) (1) If any commissioner or employee of an agency owns or controls a direct or indirect interest in any property included or planned to be included in any urban renewal project, he immediately shall disclose it, in writing, to the agency. This disclosure shall be entered upon the minutes of the agency. (2) Failure so to disclose such interest shall constitute misconduct in office.