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80.080 Member or employee not to be interested in project.

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80.080 Member or employee not to be interested in project. No member or employee of a housing authority shall acquire any interest, direct or <br>indirect, in any project or in any property including or planned to be included in any <br>project, nor shall he have any interest, direct or indirect, in any contract or proposed <br>contract for materials or services to be furnished or used in connection with any project. If <br>any member or employee of any authority owns or controls an interest, direct or indirect <br>in any property included in any project, which interest was acquired prior to his <br>appointment or employment, he shall disclose the same in writing to the authority at the <br>time of his appointment and the disclosure shall be entered upon the minutes of the <br>authority. Effective: October 1, 1942 <br>History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 927a-15, 2741x-13.