KRS 164A.210: Conflicts of interest.

If any member, officer or employee of the corporation shall be interested either directly or

indirectly, or shall be an officer or employee of or have an ownership interest in any firm

or corporation interested directly or indirectly in any contract with t he corporation, such

interest shall be disclosed to the corporation and shall be set forth in the minutes of the

corporation, and the member, officer or employee having such interest therein shall not

participate on behalf of the corporation in the authorization of any such contract.