Maine Statutes
§ 23 §8113 — Conflict of interest
Maine § 23 §8113
This text of Maine § 23 §8113 (Conflict of interest) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Me. Rev. Stat. tit. 23, § 23 §8113 (2026).
Text
A director, officer or employee of the authority may not acquire any interest, direct or indirect, in any contract or proposed contract of the authority. A director, officer or employee may not participate in any decision on any contract entered into by the authority if that individual has any interest, direct or indirect, in any firm, partnership, corporation or association that will be party to such a contract or financially involved in any transaction with the authority; except this prohibition does not apply to the execution of agreements by banking institutions for the deposit or handling of authority funds in connection with any contract or to utility services, the rates for which are fixed or controlled by a governmental agency.
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Legislative History
PL 1995, c. 374, §3 (NEW).
Nearby Sections
11
§ 23 §8111
Purpose§ 23 §8112
Directors§ 23 §8113
Conflict of interest§ 23 §8114
Powers§ 23 §8115
Obligations of authority§ 23 §8115-A
Authority records§ 23 §8117
Fair practices; affirmative action§ 23 §8118
Property of the authority§ 23 §8119
Exemption from taxes§ 23 §8120
EmployeesCite This Page — Counsel Stack
Bluebook (online)
Maine § 23 §8113, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/23%20%C2%A78113.