(1) A member or employee of the authority who has, will have, or later acquires an interest, direct or indirect, in a transaction with the authority shall immediately disclose the nature and extent of that interest in writing to the authority as soon as the member or employee has knowledge of the actual or prospective interest.

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Terms Used In Utah Code 63H-4-104

  • Writing: includes :
         (48)(a) printing;
         (48)(b) handwriting; and
         (48)(c) information stored in an electronic or other medium if the information is retrievable in a perceivable format. See Utah Code 68-3-12.5
(2) This disclosure shall be entered upon the minutes of the authority.
(3) Upon this disclosure that member or employee may participate in any action by the authority authorizing the transaction.