Louisiana § RS 48:1611 - Conflict of interest
Full text of Louisiana Louisiana Civil Code § RS 48:1611 — Conflict of interest, with citation guidance and answers to common questions.
§ RS 48:1611. Conflict of interest
A. Every member of the board and every employee of the board or the authority who knowingly has any interest direct or indirect in any contract to which the authority is or is about to become a party, or in any other business of the authority, or in any firm or corporation doing business with the authority, shall make full disclosure of such interest to the board and, if a board member, to his appointing authority. Failure to disclose such an interest shall constitute cause for which a board member may be removed by the appointing power, or an employee discharged or otherwise disciplined at the discretion of the board.
B. Provisions of Parts I and II of Chapter 15 of Title 42 of the Louisiana Revised Statutes of 19501, regulating the conduct of public employees shall be applicable to the conduct of its board members, officers, employees and agents of the authority.
C. Any contract or transaction of the authority involving a conflict of interest not disclosed under Subsection A hereof, or a violation of any other provision of law applicable to the authority, its board members, officers, or employees regulating conflicts of interest, shall be voidable by the board provided such action does not adversely affect the interest of innocent third parties. It is expressly provided, however, that this provision shall not apply to any indenture, agreement, contract or transaction which constitutes security, direct or indirect, for the payment of bonds or other obligations of the authority and the judgment and order confirming and validating any such bonds or other obligations as provided for in Section 15072 hereof, shall constitute a final and conclusive adjudication as to any such security.
Added by Acts 1976, No. 638, §1.
1Sections 1101 and 1111 et seq.
2Should probably be 1607.
Source: official Louisiana text · Last verified 2026-08-27
Frequently Asked Questions About Louisiana § RS 48:1611
What does Louisiana Civil Code § RS 48:1611 cover?
Section RS 48:1611 ("Conflict of interest") is part of the Louisiana Civil Code, the codified statutory law of Louisiana. 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 Louisiana § RS 48:1611?
A common citation format is "Louisiana Civil Code § RS 48:1611" (Louisiana). 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 Louisiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Louisiana official source linked on this page or consult a licensed Louisiana attorney.
How does Louisiana § RS 48:1611 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Louisiana 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 Louisiana.