Louisiana Revised Statutes 48:1275 – Unlawful for member, etc., to be interested in contract, etc.
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Terms Used In Louisiana Revised Statutes 48:1275
- Authority: shall mean the Department of Transportation and Development. See Louisiana Revised Statutes 48:1253
- Contract: A legal written agreement that becomes binding when signed.
Any member, agent or employee of the authority who is interested, either directly or indirectly in any contract of another with the authority, or in the sale of any property, either real or personal, to the authority, shall be punished by a fine not exceeding five hundred dollars or by imprisonment not exceeding one year.
Acts 1954, No. 232, §25.