(605 ILCS 10/28.1) (from Ch. 121, par. 100-28.1)
Sec. 28.1.
No director or officer of the Authority shall be interested, directly or indirectly, in any contract, agreement, lease, work or business
of the Authority, or in the sale of any article whenever the expense, price
or consideration of the contract, agreement, lease, work, business or sale
is paid by the Authority. No director or officer of the Authority shall be
interested, directly or indirectly, in the purchase, sale or lease of any
property which (1) belongs to the Authority, (2) is sold, leased or any
interest therein is acquired by the Authority, or (3) is sold by virtue of
legal process at the suit of the Authority.
(Source: Laws 1967, p. 2748.)
|