50-2705. PUBLIC CORPORATIONS — DIRECTORS. It shall be illegal for a director, officer, agent or employee of a corporation to have, directly or indirectly, any financial interest in any property to be included in or any contract for property, services or materials to be furnished or used in connection with any industrial development facility financed through the public corporation. Violation of any provision of this section is a misdemeanor.
History:
[50-2705, added 1982, ch. 119, sec. 1, p. 329.]
Structure Idaho Code
Title 50 - MUNICIPAL CORPORATIONS
Chapter 27 - MUNICIPAL INDUSTRIAL DEVELOPMENT PROGRAM
Section 50-2701 - FINDING AND DECLARATION OF NECESSITY.
Section 50-2702 - DEFINITIONS.
Section 50-2703 - PUBLIC CORPORATIONS — CREATION, DISSOLUTION.
Section 50-2704 - BOARD OF DIRECTORS OF A PUBLIC CORPORATION.
Section 50-2705 - PUBLIC CORPORATIONS — DIRECTORS.
Section 50-2706 - PUBLIC CORPORATIONS — LIMITATIONS.
Section 50-2707 - PUBLIC CORPORATIONS — AUDIT BY STATE.
Section 50-2708 - PUBLIC CORPORATIONS — POWERS.
Section 50-2709 - REPORTING AND ASSISTANCE.
Section 50-2710 - REVENUE BONDS — PROVISIONS.
Section 50-2711 - INVESTMENT OF FUNDS.
Section 50-2712 - REVENUE BONDS — REFUNDING.
Section 50-2713 - TRUST AGREEMENTS.
Section 50-2714 - COMMINGLING OF BOND PROCEEDS OR REVENUES WITH MUNICIPAL FUNDS PROHIBITED.
Section 50-2715 - SUBLEASES AND ASSIGNMENT.
Section 50-2716 - DETERMINATION OF RENT.
Section 50-2717 - PROCEEDINGS IN THE EVENT OF DEFAULT.
Section 50-2718 - PUBLICATION OF PROCEEDINGS — CONTEST PERIOD.
Section 50-2719 - TAX EXEMPTION.
Section 50-2721 - BONDS ELIGIBLE FOR INVESTMENT.
Section 50-2722 - CONVEYANCE OF TITLE TO USER.
Section 50-2723 - CONSTRUCTION — SUPPLEMENTAL NATURE OF CHAPTER.