New Mexico Statutes 3-45-6. Prohibited actions
Neither a housing authority nor any of its contractors or their subcontractors may enter into any contract, subcontract or agreement in connection with a housing project under any contract in which any of the following persons has an interest, direct or indirect, during the person’s tenure or for one year thereafter:
Terms Used In New Mexico Statutes 3-45-6
- 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.
A. any present or former member of the commission of the housing authority or any member of the member’s immediate family. The prohibition established by this subsection does not apply to any member who has not served on the governing body of a resident management corporation and who otherwise has not occupied a policymaking position with the resident management corporation or the housing authority;
B. any employee of the housing authority who formulates policy or who influences decisions with respect to a housing project, any member of the employee’s immediate family or any partner of the employee; or
C. any public official, member of a governing body or state legislator, or any member of that person’s immediate family, who exercises functions or responsibilities with respect to the housing project or the housing authority.