Virginia § 30-108 Prohibited conduct concerning personal interest in a transaction

Virginia Statutes

§ 30-108 — Prohibited conduct concerning personal interest in a transaction

Virginia·Title 30 GENERAL ASSEMBLY·Ch. 13 GENERAL ASSEMBLY CONFLICTS OF INTERESTS ACT·Art. 4 CONDUCT REGARDING TRANSACTIONS

A legislator who has a personal interest in a transaction shall disqualify himself from participating in the transaction.

Unless otherwise prohibited by the rules of his house, the disqualification requirement of this section shall not prevent any legislator from participating in discussions and debates, provided (i) he verbally discloses the fact of his personal interest in the transaction at the outset of the discussion or debate or as soon as practicable thereafter and (ii) he does not vote on the transaction in which he has a personal interest.

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A legislator who has a personal interest in a transaction shall disqualify himself from participating in the transaction.

Unless otherwise prohibited by the rules of his house, the disqualification requirement of this section shall not prevent any legislator from participating in discussions and debates, provided (i) he verbally discloses the fact of his personal interest in the transaction at the outset of the discussion or debate or as soon as practicable thereafter and (ii) he does not vote on the transaction in which he has a personal interest.

Virginia § 30-108 (Prohibited conduct concerning personal interest in a transaction) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.