§ 45-31-19. Interest of officers and employees in project area properties.
No officer or employee of the community or of the agency who in the course of his or her duties is required to participate in the formulation of plans or policies for the redevelopment of a project area, or to approve those plans or policies, shall acquire any interest in any property included within a project area within the community. If the officer or employee owns or has any financial interest, direct or indirect, in any property included within a project area, he or she shall immediately disclose, in writing, the interest to the legislative body of the community, and the disclosure shall be entered in the minutes of the agency and of the legislative body. Failure to disclose the interest constitutes misconduct in office. No payment shall be made to any member or officer of an agency for any property or interest in property acquired by the agency from the member or officer, unless the amount of the payment is fixed by court order in eminent domain proceedings, or unless the payment is unanimously approved by the legislative body.
History of Section.P.L. 1956, ch. 3654, § 34; G.L. 1956, § 45-31-19.
Structure Rhode Island General Laws
Chapter 45-31 - Redevelopment Agencies
Section 45-31-1. - Short title.
Section 45-31-2. - Finding as to existence of substandard areas.
Section 45-31-3. - Findings as to dangers from substandard areas.
Section 45-31-4. - Finding of obstacles to private redevelopment.
Section 45-31-5. - Declaration as to methods to be used in redevelopment.
Section 45-31-6. - Public policy to assist in redevelopment.
Section 45-31-7. - Purposes of chapters.
Section 45-31-8. - Definitions.
Section 45-31-9. - Agencies created.
Section 45-31-10. - Resolution of need required for agency to function.
Section 45-31-11. - Resolution conclusive as to capacity of agency.
Section 45-31-12. - Appointment and compensation of agency members.
Section 45-31-13. - Tenure of agency members.
Section 45-31-14. - Officers of agency.
Section 45-31-15. - Suspension and removal of agency members.
Section 45-31-16. - Continuation of agencies created under prior law.
Section 45-31-17. - Validation of prior acts.
Section 45-31-18. - Resident attorneys.
Section 45-31-19. - Interest of officers and employees in project area properties.
Section 45-31-20. - Administrative appropriations.
Section 45-31-21. - Budgetary control of agencies.
Section 45-31-22. - Periodical reports.
Section 45-31-23. - Real property exempt from process.
Section 45-31-24. - Deactivation or substitution of agency.
Section 45-31-25. - Severability.
Section 45-31-26. - Relocation payments authorized — Definitions.
Section 45-31-27. - Payments made subject to rules and regulations.
Section 45-31-28. - Relocation payments authorized under federally assisted programs.