A. The directors, officers and employees of the authority are subject to Title 38, Chapter 3, Article 8 relating to conflicts of interest.

Attorney's Note

Under the Arizona Laws, punishments for crimes depend on the classification. In the case of this section:
ClassPrisonFine
Class 1 misdemeanorup to 6 monthsup to $2,500
For details, see § 13-707

Terms Used In Arizona Laws 5-811

B. A director, officer or employee of the authority shall not have any direct or indirect financial interest in any property owned, purchased or constructed by the authority.

C. A person who violates this section is guilty of a class 1 misdemeanor.