(a) A member of the board of directors or employee of the corporation may not voluntarily acquire an interest, direct or indirect, in a redevelopment project or in property included or planned by the corporation to be included in a redevelopment project, or in a contract or proposed contract in connection with a project. If the acquisition is not voluntary the member or employee shall immediately disclose the interest in writing to the corporation and the disclosure shall be entered upon the minutes of the corporation.
(b) If a member of the board of directors or employee of the corporation owns or controls or owned or controlled within the preceding two years an interest, direct or indirect, in property that the member or employee knows is included or planned by the corporation to be included in a redevelopment project, the member or employee shall immediately disclose the interest in writing to the corporation and the disclosure shall be entered upon the minutes of the corporation, and the member or employee may not participate in an action by the corporation affecting the property.
(c) A violation of this section constitutes misconduct in office or dereliction of duties of employment or both.
Structure Alaska Statutes
Title 18. Health, Safety, Housing, Human Rights, and Public Defender
Chapter 55. Housing, Public Buildings, Urban Renewal, and Regional Housing Authorities
Article 3. Slum Clearance and Redevelopment Act.
Sec. 18.55.480. Findings and declaration of necessity.
Sec. 18.55.490. Legislative intent.
Sec. 18.55.510. Finding of necessity by municipality.
Sec. 18.55.520. Powers of the corporation.
Sec. 18.55.525. Neighborhood development projects.
Sec. 18.55.530. Preparation and approval of redevelopment plans.
Sec. 18.55.540. Disposal of property in redevelopment project.
Sec. 18.55.550. Eminent domain.
Sec. 18.55.560. Acquisition and development of undeveloped vacant land.
Sec. 18.55.570. Issuance of bonds and notes.
Sec. 18.55.580. Power of corporation to provide additional security for bonds.
Sec. 18.55.590. Remedies of obligee.
Sec. 18.55.600. Bonds as legal investment.
Sec. 18.55.610. Conveyance to federal government on default.
Sec. 18.55.620. Property exempt from taxes and execution.
Sec. 18.55.630. Cooperation by public bodies.
Sec. 18.55.650. Title of purchaser of project property.
Sec. 18.55.660. Additional powers of governing body.
Sec. 18.55.670. Preparation of general plan by local governing body.
Sec. 18.55.680. Urban renewal projects; definition.
Sec. 18.55.690. Urban renewal plan; definition.
Sec. 18.55.700. Powers with respect to urban renewal.
Sec. 18.55.710. Public bodies authorized to assist in urban renewal projects.
Sec. 18.55.720. Corporation may delegate functions to municipalities and public bodies.
Sec. 18.55.730. Agreements for exercising powers and granting assistance.
Sec. 18.55.740. Workable program.
Sec. 18.55.750. Municipality may repair, etc., dwellings unfit for habitation.
Sec. 18.55.760. Ordinances relating to unfit dwellings.
Sec. 18.55.770. What ordinance must include.
Sec. 18.55.780. Petition or finding that dwelling is unfit and filing of complaint.
Sec. 18.55.790. Pleadings and hearing.
Sec. 18.55.800. Rules of evidence do not control in hearings before the corporation.
Sec. 18.55.810. Findings and order.
Sec. 18.55.820. Ordinance to fix percentage of cost as reasonable.
Sec. 18.55.830. Failure of owner to comply with order.
Sec. 18.55.840. Costs of repair, etc., are a lien.
Sec. 18.55.850. Disposition of material where dwelling is removed or demolished.
Sec. 18.55.870. Manner of serving parties in interest.
Sec. 18.55.880. Injunction to prevent corporation from proceeding.
Sec. 18.55.890. Remedies provided are exclusive.
Sec. 18.55.900. Ordinance may give corporation additional powers.
Sec. 18.55.910. Municipality to prepare estimate of costs of administration.
Sec. 18.55.920. AS 18.55.750 - 18.55.930 not a limitation on municipalities.
Sec. 18.55.930. Powers of a municipality to control use and occupancy of dwellings.
Sec. 18.55.932. Urban redevelopment or urban renewal in a disaster area.
Sec. 18.55.934. State aid for an urban redevelopment or urban renewal project in a disaster area.