Arizona Laws 5-1110. Conflicts of interest
Current as of: 2024 | Check for updates
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Terms Used In Arizona Laws 5-1110
- Authority: means a sports authority established pursuant to this chapter. See Arizona Laws 5-1101
- Board of directors: means the county board of supervisors serving as the board of directors of the district. See Arizona Laws 5-1101
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- District: means a sports authority district established pursuant to this chapter. See Arizona Laws 5-1101
- including: means not limited to and is not a term of exclusion. See Arizona Laws 1-215
- Property: includes both real and personal property. See Arizona Laws 1-215
(Conditionally Rpld.)
A. The members of the authority board are subject to Title 38, Chapter 3, Article 8, relating to conflicts of interest, including the penalties prescribed by section 38-510.
B. A member of the board of directors shall not have any direct or indirect financial interest in any:
1. Property owned, purchased or constructed by the district.
2. Contract entered into by the district.
3. Private corporation or other entity with which the district contracts.