Rhode Island General Laws 39-1-35. Conflict of interest
A person, or his or her or dependent child, spouse, of any person, who is, or has been in the past one year, in the employ of or holding any official relation to any company subject to the supervision of the commission, or engaged in the management of the company, or owning stock, bonds, or other securities thereof, or who is, or has been in the past one year, in any manner, connected with the operation of the company in this state, shall not be a commissioner or clerk of the commission; nor shall any commissioner or clerk of the commission, personally or in connection with a partner or agent, render professional service for or against or make or perform any business contract with any company subject to the supervision, relating to the business of the company, except contracts made with them as common carriers, or in regular course of public service.
History of Section.
P.L. 1969, ch. 240, § 1; P.L. 1996, ch. 316, § 1.
Terms Used In Rhode Island General Laws 39-1-35
- Commission: means the public utilities commission. See Rhode Island General Laws 39-1-2
- Commissioner: means a member of the public utilities commission. See Rhode Island General Laws 39-1-2
- Company: means and includes a person, firm, partnership, corporation, quasi-municipal corporation, association, joint-stock association or company, and his, her, its, or their lessees, trustees, or receivers appointed by any court. See Rhode Island General Laws 39-1-2
- Contract: A legal written agreement that becomes binding when signed.
- Dependent: A person dependent for support upon another.
- person: may be construed to extend to and include co-partnerships and bodies corporate and politic. See Rhode Island General Laws 43-3-6