15-9-220. Conflict of interest.
No board member or employee of the board shall vote or otherwise participate in any matter in which he has a specific financial interest, defined as a matter in which the member or employee would receive a benefit or incur a cost substantially greater than other property owners within the district. When such interest appears, the board member or employee shall make such interest known, and shall thenceforth refrain from voting on or otherwise participating in the particular transaction involving such interest. Willful violation of the provisions of this section constitutes grounds for dismissal subject to the provisions of W.S. 15-9-206(d).
Structure Wyoming Statutes
Article 2 - Downtown Development Authority
Section 15-9-201 - Declarations.
Section 15-9-202 - Definitions.
Section 15-9-203 - Powers of Governing Body; Creation of Authority; Status Thereof.
Section 15-9-204 - Organizational Procedure.
Section 15-9-205 - Board; Appointment; Membership; Terms; Vacancies.
Section 15-9-209 - Additional Powers of Authority; Sale or Letting of Property at Fair Value.
Section 15-9-210 - Authorization of Bonds; Determination of Costs; Expenditure of Proceeds.
Section 15-9-212 - Refunding Bonds; Limited Obligations.
Section 15-9-213 - Revenue Bonds.
Section 15-9-214 - Tax Exemption; Exceptions.
Section 15-9-215 - Limitation of Actions.
Section 15-9-216 - Rights and Powers of Bondholders.
Section 15-9-217 - Officers and Other Personnel Employed by Board; Duties; Administrative Expenses.
Section 15-9-218 - Authority to Adopt Budget; Sources of Finance.
Section 15-9-219 - Assessments Against Funds of Authority.
Section 15-9-220 - Conflict of Interest.
Section 15-9-221 - Provisions to Be Construed Liberally.
Section 15-9-223 - Inclusion of Additional Property Into Development Area; Procedure.