Nebraska Statutes 14-1816. Metropolitan transit authority; board; employees; private interest; prohibited
Current as of: 2023 | Check for updates
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No member of the board and no officer or employee of the authority shall have any private financial interest, profit, or benefit in any contract, work, or business of the authority and in the sale or lease of any property to or from the authority.
Source
- Laws 1957, c. 23, § 16, p. 171.
Terms Used In Nebraska Statutes 14-1816
- Contract: A legal written agreement that becomes binding when signed.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC