Board of trustees -- Conflict of interest -- Compensation.
Utah Code § 17D-5-203
in effect17D-5-203. Board of trustees -- Conflict of interest -- Compensation.
(1) A board member with a personal investment described in Section 67-16-9 is not in violation of Section 67-16-9 if:
(a) before beginning service as a board member, the board member complies with the disclosure requirements of Section 67-16-7, as though that section applied to the board member's ownership of a personal investment described in Section 67-16-9; and
(b) during the board member's service, the board member complies with:
(i) the disclosure requirements of Section 67-16-7, as provided in Subsection (1)(a), upon any significant change in the board member's personal investment; and
(ii) applicable requirements of this part and the governing document.
(2) An infrastructure financing district may not compensate a board member for the member's service on the board unless the board member is a resident within the boundary of the infrastructure financing district.
Renumbered and Amended by Chapter 105, 2026 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title17D/Chapter5/17D-5-S203.html?v=C17D-5-S203_2026050620260506Fetched: 10/26/2026