La. Admin. Code tit. 19 § VII-2121

Current through Register Vol. 50, No. 11, November 20, 2024

Section VII-2121 - Confidentiality and Conflict of Interest

A. Confidentiality. Confidential information in the files of the program and its accounts, acquired in the course of duty, is to be used solely for the program. The program is not obliged to give credit rating or confidential information regarding applicant. Also see Attorney General Opinion Number 82.860.

B. Conflict of Interest. No member of the corporation, employee thereof, or employee of the Department of Economic Development or members of their immediate families shall either directly or indirectly be a party to, or be in any manner interested in any contract or agreement with the corporation for any matter, cause, or thing whatsoever. If any contract or agreement shall be made in violation of the provisions of this Section the same shall be null and void and no action shall be maintained thereon against the corporation.

La. Admin. Code tit. 19, § VII-2121

Promulgated by the Department of Economic Development, Economic Development Corporation, LR 15:463 (June 1989).

AUTHORITY NOTE: Promulgated in accordance with R.S. 51:2331.