36-1406. Interest of municipal officer in
project or property prohibited
A. An officer of a public housing authority, city, town or county shall not acquire
any direct or indirect interest in a housing project or in property included or planned
to be included in a housing project of the public housing authority, city, town or county
or have any direct or indirect interest in any contract or proposed contract for
materials or services to be furnished or used in connection with a housing project.
B. If an officer of a public housing authority, city, town or county owns or
controls an interest directly or indirectly in property included or planned to be
included in a housing project, the officer shall immediately disclose that interest in
writing to the governing body of the public housing authority, city, town or county, and
the disclosure shall be entered upon the minutes of the governing body. Failure to
disclose the interest is misconduct in office. After making this disclosure, the officer
shall not participate in any action by the city, town or county affecting the property.
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