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24-18-108.5. Rules of conduct for members of boards and commissions

Text

(1) Proof beyond a reasonable doubt of commission of any act enumerated in this section is proof that the actor has breached his fiduciary duty.

(2) A member of a board, commission, council, or committee who receives no compensation other than a per diem allowance or necessary and reasonable expenses shall not perform an official act which may have a direct economic benefit on a business or other undertaking in which such member has a direct or substantial financial interest.

History

History.
Source: L. 91: Entire section added, p. 837, 3, effective March 29.