Maine § 8 §526 Prohibited interests of officers, directors and employees

Maine Statutes

§ 8 §526 — Prohibited interests of officers, directors and employees

Maine § 8 §526

Title 8AMUSEMENTS AND SPORTS

Ch. 20MIXED MARTIAL ARTS, MUAY THAI, KICKBOXING AND BOXING

This text of Maine § 8 §526 (Prohibited interests of officers, directors and employees) 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. 8, § 8 §526 (2026).

Text

A director of the authority or a spouse, domestic partner or dependent child of a director of the authority may not receive any direct personal benefit from the activities or undertakings of the authority. This section does not prohibit corporations or other entities with which a director is associated by reason of ownership or employment from participating in mixed martial arts, Muay Thai, kickboxing or boxing activities if ownership or employment is made known to the authority and the director abstains from voting on matters relating to that participation. A director of the authority must comply with the requirements of Title 5, section 18.

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A director of the authority or a spouse, domestic partner or dependent child of a director of the authority may not receive any direct personal benefit from the activities or undertakings of the authority. This section does not prohibit corporations or other entities with which a director is associated by reason of ownership or employment from participating in mixed martial arts, Muay Thai, kickboxing or boxing activities if ownership or employment is made known to the authority and the director abstains from voting on matters relating to that participation. A director of the authority must comply with the requirements of Title 5, section 18.