Section 3-23-5 – Removal of state authority, board, or commission member for violation–Criminal penalties–Disgorgement–Voidable contract.
3-23-5. Removal of state authority, board, or commission member for violation–Criminal penalties–Disgorgement–Voidable contract. Any elected or appointed state authority, board, or commission member who knowingly violates §§3-23-1 to 3-23-4, inclusive, shall be removed from the authority, board, or commission and is guilty of a Class 1 misdemeanor. Any person who knowingly violates §§3-23-1 to 3-23-4, […]
Section 3-23-6 – School districts and cooperative education service units–Officials with contract authority–Prohibitions on interest in or direct benefit from contract.
3-23-6. School districts and cooperative education service units–Officials with contract authority–Prohibitions on interest in or direct benefit from contract. No board member, business manager, chief financial officer, superintendent, chief executive officer, or other person with the authority to enter into a contract or spend money in an amount greater than five thousand dollars of a […]
Section 3-23-7 – Officials with contract authority–Description of direct benefit from contract.
3-23-7. Officials with contract authority–Description of direct benefit from contract. A person described in §3-23-6 derives a direct benefit from a contract if the person, the person’s spouse, or any other person with whom the person lives and commingles assets: (1)Is a party to or intended beneficiary of any contract held by the school district […]
Section 3-23-7.1 – Officials with contract authority–Description of interest in contract.
3-23-7.1. Officials with contract authority–Description of interest in contract. A person described in §3-23-6 has an interest in a contract if the person, the person’s spouse, or any other person with whom the person lives and commingles assets: (1)Is employed by a party to any contract with the school district or cooperative education service unit; […]
Section 3-23-7.2 – Officials with contract authority–Exclusions from interest in or direct benefit from contract.
3-23-7.2. Officials with contract authority–Exclusions from interest in or direct benefit from contract. A person described in §3-23-6 does not derive a direct benefit from or have an interest in a contract: (1)Based solely on the value associated with the person’s publicly-traded investments or holdings, or the investments or holdings of any other person with […]
Section 3-22-27 – Pool arrangement.
3-22-27. Pool arrangement. Nothing in this chapter limits the formation or operation of any pool arrangement formed pursuant to chapter 1-24. Source: SL 2010, ch 24, §19.
Section 3-23-1 – State authority, board, and commission members prohibited from having interest in or deriving direct benefit from contract.
3-23-1. State authority, board, and commission members prohibited from having interest in or deriving direct benefit from contract. No elected or appointed member of a state authority, board, or commission may have an interest in or derive a direct benefit from any contract: (1)With the state agency to which the authority, board, or commission is […]
Section 3-23-1.1 – Definitions.
3-23-1.1. Definitions. Terms used in this chapter mean: (1)”Board member,” an elected or appointed member of the governing board; (2)”Cooperative education service unit,” a legal entity created pursuant to §§13-5-31 to 13-5-33, inclusive, including subcontractors, agents or assigns of the cooperative education service unit; (3)”Disgorgement,” the act of giving up on demand or by legal […]
Section 3-23-2 – Circumstances under which state authority, board, or commission member derives direct benefit.
3-23-2. Circumstances under which state authority, board, or commission member derives direct benefit. An elected or appointed member of a state authority, board, or commission derives a direct benefit from a contract if the member, the member’s spouse, or any other person with whom the member lives or commingles assets: (1)Is a party to or […]
Section 3-22-12 – Fund created–Expenditures–Investment–Purchase of annuity in settlement of claim.
3-22-12. Fund created–Expenditures–Investment–Purchase of annuity in settlement of claim. There is hereby created on March 1, 1987, the public entity pool for liability fund to be used to pay claims pursuant to this chapter and the personal services and operating expenses for the management and operation of the PEPL. Any money in the fund shall […]