OAG 79-555 is cited to discuss the historical stance of the Attorney General's office on the issue of conflict of interest concerning school board members who are also bank shareholders, where the bank handles school funds. It explains that mere depositing of school funds in such a bank does not constitute a conflict of interest under KRS 160.180, unless the transactions involve expenditures for services.
OAG 79-555 was Cited by OAG 91-16
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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.
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.