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469.009

Statute ID: 13223

Housing and Redevelopment Authority - Conflict of Interest - Fail to Disclose

In Effect

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Details are only available for Penalty and Charging Statutes.

Statute Number:

469.009

Enactment Date:

May 28, 1987

Effective Date:

Aug 1, 1987

Expiration Date:

Repealed?:

Summary Text:

Housing and Redevelopment Authority - Conflict of Interest - Fail to Disclose

Statute ID:

13223

Created:

Nov 19, 2009 by mnjis.legal.analyst@state.mn.us

Updated:

Nov 19, 2009 by mnjis.legal.analyst@state.mn.us

Last Update Action:

Added

Legal Analyst Comment:

987 c 291 s 9

Summary Text:

Housing and Redevelopment Authority - Conflict of Interest - Fail to Disclose

Link to MN Statute Text:

https://www.revisor.leg.state.mn.us/stats/469/009.html

Legislative Session:

1859 - Regular

Session Law Text?:

Statute text last updated on:

Nov 19, 2009

Subdivision 1.  
Before taking an action or making a decision which could substantially affect the commissioner's or an employee's financial interests or those of an organization with which the commissioner or an employee is associated, a commissioner or employee of an authority shall (1) prepare a written statement describing the matter requiring action or decision and the nature of the potential conflict of interest and (2) submit the statement to the commissioners of the authority. The disclosure shall be entered upon the minutes of the authority at its next meeting. The disclosure statement must be submitted no later than one week after the employee or commissioner becomes aware of the potential conflict of interest. However, no disclosure statement is required if the effect on the commissioner or employee of the decision or act will be no greater than on other members of the business, profession or occupation or if the effect on the organization with which the commissioner or employee is affiliated is indirect, remote, and insubstantial. A potential conflict of interest is present if the commissioner or employee knows or has reason to know that the organization with which the commissioner or employee is affiliated is or is reasonably likely to become a participant in a project or development which will be affected by the action or decision. Any individual who knowingly fails to submit a statement required by this subdivision or submits a statement which the individual knows contains false information or omits required information is guilty of a gross misdemeanor.


Subd. 2.   
If an employee has a potential conflict of interest, the employee's superior shall immediately assign the matter to another employee who does not have a potential conflict of interest. A commissioner who has a potential conflict of interest shall not attempt to influence an employee in any matter related to the action or decision in question, shall not take part in the action or decision, and shall not be counted toward a quorum during the portion of any meeting of the authority in which the action or decision is to be considered. Any individual who knowingly violates this subdivision is guilty of a gross misdemeanor.


Subd. 3.   
A commissioner or employee of an authority who knowingly takes part in any manner in making any sale, lease, or contract in the commissioner's or employee's official capacity in which the commissioner or employee has a personal financial interest is guilty of a gross misdemeanor