Nebraska Statutes 18-811. Board; member; conflict of interest
Current as of: 2023 | Check for updates
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No member of the board and no officer or employee of a regional metropolitan transit authority shall have any private financial interest, profit, or benefit in any contract, work, or business of such authority or in the sale or lease of any property to or from such authority.
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Terms Used In Nebraska Statutes 18-811
- 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