§ 2-144. Prohibited actions.

No member of an administrative board of county government shall:

(1)

Be interested, either directly or indirectly, in any contract or transaction made, authorized, or entered into on behalf of the county or an entity created by the county, or accept or receive any property, money, or other valuable thing, for his use or benefit on account of, connected with or growing out of any contract or transaction of a county. If in the purchase of any materials, supplies, equipment, or machinery for the county, and discounts, credits, or allowances are given or allowed, they shall be for the benefit of the county; and it shall be unlawful for any member to accept or retain the same for his own use or benefit;

(2)

Be a purchaser at any sale or a vendor of any purchase made by him in his official capacity;

(3)

Acquire an interest in any business or undertaking which he has reason to believe may be directly affected to its economic benefit by official action to be taken by county government;

(4)

Perform an official act directly affecting a business or other undertaking to its economic detriment when he has a substantial financial interest in a competing firm or undertaking. Substantial financial interest is hereby defined for purposes of this section as provided in Arkansas Statutes section 12-3006, as amended.

(Ord. No. 158, § 52, 6-27-78)