10 §945-H. Prohibited interests of officers, directors and employees - Maine Statutes

Title 10: COMMERCE AND TRADE

Part 2: BUILDING AND DEVELOPMENT

Chapter 107-B: MAINE INTERNATIONAL TRADE CENTER HEADING: PL 1995, C. 648, §5 (NEW)

§945-H. Prohibited interests of officers, directors and employees

Officers, directors or employees of the center or their spouses or dependent children may not receive any direct personal benefit from the activities of the center in assisting any private entity. This section does not prohibit corporations or other entities with which officers or directors are associated by reason of ownership or employment from participating in international trade activities of the center or receiving services offered by the center as long as the ownership or employment is made known to the board of directors and, if applicable, the officers or directors abstain from voting on matters relating to that participation. This section does not apply to members who are not officers or directors of the center. [1995, c. 648, §5 (NEW).]

SECTION HISTORY

1995, c. 648, §5 (NEW).