Arkansas § 14-188-107 - Interest of commissioners or employees prohibited.
Full text of Arkansas Arkansas Code of 1987 Annotated § 14-188-107 — Interest of commissioners or employees prohibited., with citation guidance and answers to common questions.
§ 14-188-107. Interest of commissioners or employees prohibited.
No commissioner or employee of a rural development authority shall directly or indirectly acquire any interest in any development project or in any property included, or planned to be included, in any project. Nor shall a commissioner or employee have any direct or indirect interest in any contract or proposed contract for materials or services to be furnished for use in connection with any project. If any commissioner or employee of an authority owns or controls a direct or indirect interest in property included, or planned to be included, in any project, he immediately shall disclose it in writing to the authority. This disclosure shall be entered upon the minutes of the authority. Failure to disclose his interest shall constitute misconduct in office.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 14-188-107
What does Arkansas Code of 1987 Annotated § 14-188-107 cover?
Section 14-188-107 ("Interest of commissioners or employees prohibited.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arkansas § 14-188-107?
A common citation format is "Arkansas Code of 1987 Annotated § 14-188-107" (Arkansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 14-188-107 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arkansas.