P.R. Laws tit. 21, § 4807

2019-02-20 00:00:00+00
§ 4807. Conflict of interests

No person who has direct or indirect financial interest, in any enterprise or entity whose business is in direct competition with the special corporation, shall be a member of the special corporation nor hold an executive or administrative position in it. This same limitation applies to any person who is the owner, shareholder, partner or employee, or has financial interest in a company that does business with the special corporation, or who holds any position or office in other public or private entities, whether profit-making or non-profit, that could conflict with the discharge of his duties and responsibilities as director or official of the special corporation.

History —Aug. 30, 1991, No. 81, § 17.007.