California Law (Last Updated: March 4, 2014) |
Education Code - EDC |
Title 3. POSTSECONDARY EDUCATION |
Division 7. COMMUNITY COLLEGES |
Part 45. DISTRICTS AND GOVERNING BOARDS |
Chapter 6. Miscellaneous Provisions |
ARTICLE 6. Auxiliary Organizations |
Section 72677.
Latest version.
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No member of the board of directors of an auxiliary organization shall be financially interested in any contract or other transaction entered into by the board of which he or she is a member. Any contract or transaction entered into in violation of this section is void.
(Added by Stats. 1980, Ch. 858, Sec. 2. Effective August 31, 1980.)