Minn. Stat. § 15D.17: CONFLICT OF INTEREST.

Notwithstanding any other law to the contrary it shall not be or constitute a conflict of interest for a trustee, director, officer or employee of any participating institution, financial institution, investment banking firm, brokerage firm, commercial bank or trust company, architecture firm, insurance company, construction company, or any other firm, person or corporation to serve as a member of the authority, provided the trustee, director, officer or employee shall abstain from deliberation, action and vote by the authority in each instance where the business affiliation of any trustee, director, officer or employee is involved.