(315 ILCS 5/8) (from Ch. 67 1/2, par. 70)
Sec. 8.
No commissioner or employee of a Commission shall acquire any
interest direct or indirect in any redevelopment project or in any property
included or planned to be included in any redevelopment project, nor shall
he have any interest direct or indirect in any contract or proposed
contract in connection with any such project. If any commissioner or
employee of any Commission owns or controls an interest direct or indirect
in any property included in any redevelopment project, he shall disclose
the same in writing to the Commission and such disclosure shall be entered
upon the minutes of the Commission.
(Source: Laws 1947, p. 1072.)
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