Oregon Statutes 357.460 – Financial interest of public library board and appointive body; compensation
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(1) No member of any public library board or the body appointing such board shall have any financial interest, either directly or indirectly, in any contract to which the library is a party, nor shall receive a salary or any payment for material or for services rendered the board.
Terms Used In Oregon Statutes 357.460
- Contract: A legal written agreement that becomes binding when signed.
(2) Board members may be reimbursed for expenses incurred in the performance of their duties. [Amended by 1975 c.112 § 4; 1975 c.476 § 22]