{"data":{"id":"us-ut/utah-code-17d-5-203","jurisdiction":"us-ut","citation":"Utah Code § 17D-5-203","heading":"Board of trustees -- Conflict of interest -- Compensation.","body":"(1) A board member with a personal investment described in Section 67-16-9 is not in violation of Section 67-16-9 if:\n(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\n(b) during the board member's service, the board member complies with:\n(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\n(ii) applicable requirements of this part and the governing document.\n(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.","path":["Title 17D Limited Purpose Local Government Entities - Other Entities","Chapter 17D-5 Infrastructure Financing District Act","Part 17D-5-2 Creation, Governance, And Powers Of An Infrastructure Financing District"],"source_url":"https://le.utah.gov/xcode/Title17D/Chapter5/17D-5-S203.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"8f25cc4e2eab4b924ca97c1b40588e42ff9fa75ac36b7d334c221e008d3c51a5","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-17d-5-202","next":"us-ut/utah-code-17d-5-204"},"notice":"GroundRules: Original legal text. Not legal advice."}