§ 12-310. Prohibited financial interests; disclosure requirements
West's Annotated Code of MarylandHousing and Community Development
MD Code, Housing & Community Development, § 12-310
§ 12-310. Prohibited financial interests; disclosure requirements
(a) Except for bonds purchased before appointment and interests in mutual funds, a commissioner or employee of an authority may not acquire any direct or indirect interest in a housing project or in property included or planned to be included in a housing project.
(b) A commissioner or employee of an authority may not have any direct or indirect interest in a contract or proposed contract for materials or services to be furnished or used in connection with a housing project.
(c)(1) A commissioner or employee of an authority who owns or controls a direct or indirect interest in property included or planned to be included in a housing project shall immediately disclose the interest in writing to the authority.
Credits
Added by Acts 2006, c. 63, § 2, eff. Oct. 1, 2006.
MD Code, Housing & Community Development, § 12-310, MD HOUS & CMTY DEV § 12-310
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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