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Board members who are stockholders in corporation not to vote on certain questions.

Memphis Charter, art. 5, § 18
in effect
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Sec. 18. - Board members who are stockholders in corporation not to vote on certain questions. Should any member of the Board of Commissioners be a stockholder in any corporation, he shall not vote on any question directly or indirectly affecting any contract with the corporation in which he is a stockholder. (Acts 1905, ch. 54, § 17)
Source: City of Memphis, Code of Ordinances and Charter and Related Laws (Municode Library, library.municode.com)URL: https://library.municode.com/tn/memphis/codes/charter?nodeId=PTICHRELA_ART5MABOCOGE_S18BOMEWHARSTCONOVOCEQUFetched: 10/28/2026

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