122A-20. Conflict of interest.
If any member, officer or employee of the Agency shall be interested either directly or indirectly, or shall be an officer or employee of or have an ownership interest in any firm or corporation interested directly or indirectly in any contract with the Agency, including any loan to any sponsor, builder or developer, such interest shall be disclosed to the Agency and shall be set forth in the minutes of the Agency, and the member, officer or employee having such interest therein shall not participate on behalf of the Agency in the authorization of any such contract. (1969, c. 1235, s. 20; 1973, c. 1296, s. 60.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 122A - North Carolina Housing Finance Agency
§ 122A-2 - Legislative findings and purposes.
§ 122A-4 - North Carolina Housing Finance Agency.
§ 122a-5 - 122A-5General powers.
§ 122A-5.1 - Rules and regulations governing Agency activity.
§ 122A-5.2 - Mortgage insurance authority.
§ 122A-5.3 - Energy conservation loan authority.
§ 122A-5.4 - Housing for persons and families of moderate income.
§ 122A-5.5 - Rehabilitation Loan Authority.
§ 122A-5.6 - Terms and conditions of loans to and by mortgage lenders.
§ 122A-5.7 - Homeownership Assistance Fund authorized; authority.
§ 122A-5.8 - Distressed multi-family residential rental housing provisions.
§ 122A-5.9 - Formation of subsidiary corporations to own and operate housing projects.
§ 122A-5.14 - Home Protection Program and Fund.
§ 122A-5.15 - Workforce Housing Loan Program.
§ 122A-6 - Credit of State not pledged.
§ 122A-9 - Trust agreement or resolution.
§ 122A-10 - Validity of any pledge.
§ 122A-13 - Negotiable instruments.
§ 122A-14 - Obligations eligible for investment.
§ 122A-15 - Refunding obligations.
§ 122A-16 - Oversight by committees of General Assembly; annual reports.
§ 122A-17 - Officers not liable.
§ 122A-18 - Authorization to accept appropriated moneys.
§ 122A-20 - Conflict of interest.
§ 122A-21 - Additional method.