Arkansas § 14-201-314 Interest of board members in contracts unlawful - Penalty

Arkansas Statutes

§ 14-201-314 — Interest of board members in contracts unlawful - Penalty

Arkansas § 14-201-314

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This text of Arkansas § 14-201-314 (Interest of board members in contracts unlawful - Penalty) 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. § 14-201-314 (2026).

Text

(a)It shall be unlawful for any member of the board of public utilities to be directly or indirectly interested in any contract with the board.

(b)Any member engaging in conduct constituting an offense under this section commits a Class D felony. Further, his office shall thereby become vacant, and he shall forever be ineligible as a member of any board of public utilities created under this subchapter.

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(a) It shall be unlawful for any member of the board of public utilities to be directly or indirectly interested in any contract with the board. (b) Any member engaging in conduct constituting an offense under this section commits a Class D felony. Further, his office shall thereby become vacant, and he shall forever be ineligible as a member of any board of public utilities created under this subchapter.