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OAG 79-482 is cited to support the conclusion that even if the city were to borrow money from the bank, the superintendent of the utility company would not have a direct or indirect interest in the matter, as per the statute and common law principles governing conflicts of interest. This citation is used to reinforce the opinion that no conflict of interest exists in the described scenario.
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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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