Maine Revised Statutes Title 5 Sec. 13083-O – Interest of public officials, trustees or employees
Current as of: 2023 | Check for updates
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1. Acquisition of interest. A public official, trustee or employee of the authority may not acquire or hold a direct or an indirect financial or personal interest in:
A. An authority activity; [PL 2005, c. 599, §1 (NEW).]
B. Property included or planned to be included in the base area; or [PL 2005, c. 599, §1 (NEW).]
C. A contract or proposed contract in connection with an authority activity. [PL 2005, c. 599, §1 (NEW).]
When an acquisition is involuntary, the interest acquired must be disclosed immediately in writing to the board of trustees of the authority, and the disclosure must be entered in the board’s minutes.
[PL 2005, c. 599, §1 (NEW).]
Attorney's Note
Under the Maine Revised Statutes, punishments for crimes depend on the classification. In the case of this section:| Class | Prison | Fine |
|---|---|---|
| Class E crime | up to 6 months | up to $1,000 |
Terms Used In Maine Revised Statutes Title 5 Sec. 13083-O
- Authority: means the Midcoast Regional Redevelopment Authority established in section 13083?G. See Maine Revised Statutes Title 5 Sec. 13083-H
- Base area: means the area within the geographic boundaries of Brunswick Naval Air Station. See Maine Revised Statutes Title 5 Sec. 13083-H
- Contract: A legal written agreement that becomes binding when signed.
- in writing: include printing and other modes of making legible words. See Maine Revised Statutes Title 1 Sec. 72
- Trustee: A person or institution holding and administering property in trust.
2. Present or past interest in property. If a public official, trustee or employee of the authority presently owns or controls, or owned or controlled within the preceding 2 years, a direct or an indirect interest in property known to be included or planned to be included in an authority activity, that public official, trustee or employee must disclose this fact immediately in writing to the authority and the disclosure must be entered in the authority’s minutes.
[PL 2005, c. 599, §1 (NEW).]
3. Recusal. The public official, trustee or employee of the authority with an interest may not participate in an action by the authority affecting that property.
[PL 2005, c. 599, §1 (NEW).]
4. Violation. A violation of this section is a Class E crime.
[PL 2005, c. 599, §1 (NEW).]
SECTION HISTORY
PL 2005, c. 599, §1 (NEW).