This text of Louisiana § 42:1112 (Participation in certain transactions involving the governmental entity) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
§1112. Participation in certain transactions involving the governmental entity
A. No public servant, except as provided in R.S. 42:1120, shall participate in a
transaction in which he has a personal substantial economic interest of which he may be
reasonably expected to know involving the governmental entity.
B. No public servant, except as provided in R.S. 42:1120, shall participate in a
transaction involving the governmental entity in which, to his actual knowledge, any of the
following persons has a substantial economic interest:
(1)Any member of his immediate family.
(2)Any person in which he has a substantial economic interest of which he may
reasonably be expected to know.
(3)Any person of which he is an officer, director, trustee, partner, or employee.
(4)Any person with whom he
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§1112. Participation in certain transactions involving the governmental entity
A. No public servant, except as provided in R.S. 42:1120, shall participate in a
transaction in which he has a personal substantial economic interest of which he may be
reasonably expected to know involving the governmental entity.
B. No public servant, except as provided in R.S. 42:1120, shall participate in a
transaction involving the governmental entity in which, to his actual knowledge, any of the
following persons has a substantial economic interest:
(1) Any member of his immediate family.
(2) Any person in which he has a substantial economic interest of which he may
reasonably be expected to know.
(3) Any person of which he is an officer, director, trustee, partner, or employee.
(4) Any person with whom he is negotiating or has an arrangement concerning
prospective employment.
(5) Any person who is a party to an existing contract with such public servant, or
with any legal entity in which the public servant exercises control or owns an interest in
excess of twenty-five percent, or who owes any thing of economic value to such public
servant, or to any legal entity in which the public servant exercises control or owns an
interest in excess of twenty-five percent, and who by reason thereof is in a position to affect
directly the economic interests of such public servant.
C. Every public employee, excluding an appointed member of any board or
commission, shall disqualify himself from participating in a transaction involving the
governmental entity when a violation of this Part would result. The procedures for such
disqualification shall be established by regulations issued pursuant to R.S. 42:1134(A)(1).
D. No appointed member of any board or commission, except as otherwise provided
in R.S. 42:1120.4, shall participate or be interested in any transaction involving the agency
when a violation of this Part would result.
Acts 1979, No. 443, §1, eff. April 1, 1980; Acts 1983, No. 697, §1; Acts 1985, No.
426, §2; Acts 1987, No. 370, §1; Acts 2006, No. 798, §1, eff. June 30, 2006; Acts 2008, No.
685, §1; Acts 2018, No. 534, §2.