196.1124. No member of the life sciences research board shall beemployed by any public or private not-for-profit entity entitled to receivefinancial support from the life sciences research trust fund, orparticipate in the making of any decision by the board to make any grant tothe board member, any person who is related to the board member within thefourth degree of consanguinity or affinity, any public entity for which theboard member serves as an officer, director, or other member of theentity's governing body, or any private entity for which the board memberor the member's spouse is employed, serves as an officer, director, orother member of the entity's governing body. The board may from time totime issue conflict of interest guidelines and requirements with respect tothe administration of the life sciences research program, to govern theactions of its employees and agents, and to implement the provisions ofthis section.
(L. 2003 H.B. 688)