Okla. Stat. tit. 2, § 2-15-145
This is the official text of Okla. Stat. tit. 2, § 2-15-145, part of Oklahoma’s Stat. tit. 2, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 2,." Browse the sections below, each linked to its official government source.
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Personal interest in contracts
Official statutory text
A. No trustee, officer or employee of such Public Trust
Authority shall be a party either directly or indirectly, to any
contract or agreement with such Public Trust Authority from which he
or she may derive any personal gain or profit.
B. If any contract or agreement is made in violation of the
provisions of this section, the contract or agreement shall be null
and void and no action shall be maintained thereon against such
Public Trust Authority. Any contract or agreement made in violation
of the provisions of this section shall constitute cause for the
immediate removal of such member, trustee, officer or employee
executing the contract or agreement.
C. This section shall not prohibit any trustee or employee from
participating in exhibits at the annual fair and events.
Authority shall be a party either directly or indirectly, to any
contract or agreement with such Public Trust Authority from which he
or she may derive any personal gain or profit.
B. If any contract or agreement is made in violation of the
provisions of this section, the contract or agreement shall be null
and void and no action shall be maintained thereon against such
Public Trust Authority. Any contract or agreement made in violation
of the provisions of this section shall constitute cause for the
immediate removal of such member, trustee, officer or employee
executing the contract or agreement.
C. This section shall not prohibit any trustee or employee from
participating in exhibits at the annual fair and events.
Status: in_force · Read it on the official government site
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