South Dakota § 11-11-14 Corporate officers and employees eligible as commissioners--Abstention on conflict of interests.

South Dakota Statutes

§ 11-11-14 — Corporate officers and employees eligible as commissioners--Abstention on conflict of interests.

South Dakota·Title 11 PLANNING, ZONING AND HOUSING PROGRAMS·Ch. 11-8 SOUTH DAKOTA HOUSING DEVELOPMENT AUTHORITY

Notwithstanding any other law to the contrary it shall not be or constitute a conflict of interest for a director, officer, or employee of any financial institution, investment banking firm, brokerage firm, commercial bank or trust company, architecture firm, insurance company, or any other firm, person, or corporation to serve as a member of the authority, provided such trustee, director, officer, or employee shall abstain from deliberation, action, and vote by the authority in each instance where the business affiliation of any such trustee, director, officer, or employee is involved.

Free access — add to your briefcase to read the full text and ask questions with AI

Notwithstanding any other law to the contrary it shall not be or constitute a conflict of interest for a director, officer, or employee of any financial institution, investment banking firm, brokerage firm, commercial bank or trust company, architecture firm, insurance company, or any other firm, person, or corporation to serve as a member of the authority, provided such trustee, director, officer, or employee shall abstain from deliberation, action, and vote by the authority in each instance where the business affiliation of any such trustee, director, officer, or employee is involved.

South Dakota § 11-11-14 (Corporate officers and employees eligible as commissioners--Abstention on conflict of interests.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.