Maine Statutes
§ 10 §945-H — Prohibited interests of officers, directors and employees
Maine·Title 10 COMMERCE AND TRADE·Part 2 BUILDING AND DEVELOPMENT·Ch. 107-B MAINE INTERNATIONAL TRADE CENTER
Officers, directors or employees of the center or their spouses or dependent children may not receive any direct personal benefit from the activities of the center in assisting any private entity. This section does not prohibit corporations or other entities with which officers or directors are associated by reason of ownership or employment from participating in international trade activities of the center or receiving services offered by the center as long as the ownership or employment is made known to the board of directors and, if applicable, the officers or directors abstain from voting on matters relating to that participation. This section does not apply to members who are not officers or directors of the center.
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Legislative History
PL 1995, c. 648, §5 (NEW).
Nearby Sections
14
§ 10 §945
Establishment§ 10 §945-A
Duties§ 10 §945-B
Members of center§ 10 §945-C
Board of directors and officers§ 10 §945-D
General powers§ 10 §945-E
Adoption of bylaws§ 10 §945-F
Limitation of powers§ 10 §945-I
Donations to State§ 10 §945-J
Confidential records§ 10 §945-K
Annual report; audit§ 10 §945-L
General conditions; dissolution§ 10 §945-M
Liberal construction