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OAG 77-231 is cited in the decision to reaffirm the opinion previously given regarding the legality of a school board member being involved with a bank designated as a depository for the school board's funds. The decision reiterates the conclusion from OAG 77-231 that there is no violation of the relevant statute if the only transactions are deposits on which the school receives interest, and this relationship does not constitute a conflict of interest.
Our AG treatments are described and categorized by large language models (AI) and are partially reviewed by Coalition directors. Learn more from our blog.
Disclaimer:
The Sunshine Law Library is not exhaustive and may contain errors from source documents or the import process. Nothing on this website should be taken as legal advice. It is always best to consult with primary sources and appropriate counsel before taking any action.
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