KRS 94.840: Interest in property or contract -- Disclosure.

No member or employee of a parking authority shall acquire any interest, direct or

indirect, in any project or in any property including or planned to be included in any

project, nor shall he have any interest, direct or indirect, in any contract or propos ed

contract for materials or services to be furnished or used in connection with any project.

If any member or employee of any authority owns or controls an interest, direct or

indirect in any property included in any project, which interest was acquired prior to his

appointment or employment, he shall disclose the same in writing to the authority at the

time of his appointment and the disclosure shall be entered upon the minutes of the

authority.