Sec. 30.17.340. Conflicts of interest.

123 words·~1 min read·/ak/title-30/chapter-17/30-17-340

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)A member of the authority may not vote on a matter relating to a lease or contract entered into or to be entered into by the authority under this chapter if the member is a party to the lease or contract or has a direct ownership or equity interest in a firm, partnership, corporation, or association that may be a party to the contract or lease. A matter relating to a lease or contract that is approved by a majority of the members who are not barred from voting under this section is a valid action of the authority for all purposes.

(b)Members of the authority are subject to AS 39.52 (Alaska Executive Branch Ethics Act).