(Conditionally Rpld.)

A. The members of the authority board are subject to Title 38, Chapter 3, Article 8, relating to conflicts of interest, including the penalties prescribed by section 38-510.

B. A member of the board of directors shall not have any direct or indirect financial interest in any:

1. Property owned, purchased or constructed by the district.

2. Contract entered into by the district.

3. Private corporation or other entity with which the district contracts.