360.040. Conflict of interest not applicable, when. - Missouri Statutes

Conflict of interest not applicable, when.

360.040. Any other provision of the law to the contrarynotwithstanding, it shall not be or constitute a conflict ofinterest for a trustee, director, officer, employee, owner orpartner of any health institution, educational institution,financial institution, investment banking firm, brokerage firm,commercial bank or trust company, architecture firm, insurancecompany, or any other firm, person, or corporation to serve as amember of the authority, provided such trustee, director,officer, employee, owner or partner shall abstain fromdeliberation, action, and vote by the authority in each instancewhere the business affiliation or any such trustee, director,officer, employee, owner or partner is involved.

(L. 1975 H.B. 70 § 6, A.L. 1988 H.B. 1456)