Section 1781. Officers and employees not to be interested in transactions

Latest version.

It shall be a misdemeanor for a member of the authority or  an  officer,
  agent,  servant or employee employed by or appointed by the authority to
  be  in  any  manner  or  way  interested,  directly  or  indirectly,  as
  principal,   surety   or  otherwise,  in  a  contract,  the  expense  or
  consideration whereof is payable out of the funds of the authority.

                    
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