Rhode Island § 45-50-5.2 § 45-50-5.2. Interest of members or employees in property.

Rhode Island Statutes

§ 45-50-5.2 — § 45-50-5.2. Interest of members or employees in property.

Rhode Island § 45-50-5.2

Title 45Towns and cities

Ch. 45-50Municipal Public Buildings Authorities

This text of Rhode Island § 45-50-5.2 (§ 45-50-5.2. Interest of members or employees in property.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 45-50-5.2 (2026).

Text

§ 45-50-5.2. Interest of members or employees in property.
No member or employee of an authority shall acquire any direct interest in any project
            or in any property included or planned to be included in any project, nor shall he
            or she have any direct or indirect interest in any contract or proposed contract for
            materials or services to be furnished or used in connection with any project. If any
            member or employee of an authority owns or controls a direct or indirect interest
            in any property, included or planned to be included in any project, he or she shall
            immediately disclose the interest, in writing, to the authority and the disclosure
         

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§ 45-50-5.2. Interest of members or employees in property.

No member or employee of an authority shall acquire any direct interest in any project or in any property included or planned to be included in any project, nor shall he or she have any direct or indirect interest in any contract or proposed contract for materials or services to be furnished or used in connection with any project. If any member or employee of an authority owns or controls a direct or indirect interest in any property, included or planned to be included in any project, he or she shall immediately disclose the interest, in writing, to the authority and the disclosure shall be entered upon the minutes of the authority. Failure to disclose the interest constitutes misconduct in office.