| Advisory opinion request by Trevor Hair, Administrator for the Vermilion Hospital Service District #3 Board, regarding whether there would be a conflict of interest if Mona Simon becomes a board member for Vermilion Hospital Service District #3. |
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Mona Simon has been proposed as a new member for the Vermilion Hospital Service District #3 Board. Mona Simon is married to David Simon. Mr. Simon owns 10,000 shares of the Bank of Gueydan which is less than 5% (five percent) interest in the bank. He also sits on the Board for the Bank of Gueydan and earns compensation for such position. Vermilion Hospital Service District #3 has checking accounts with the Bank of Gueydan.
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La. R.S. 39:1233.1 provides notwithstanding any provision of Chapter 15 of Title 42 of the Revised Statutes of 1950 or any other law to the contrary, any member of a local depositing authority, including the chief executive officer thereof, may serve as an officer, director, or employee, whether compensated or not, of any national or state bank; provided that he shall recuse himself from voting in favor of any such bank and shall disclose the reason for such recusal by filing same into the minutes or record of the local depositing authority and by forwarding a disclosure form to the Board of Ethics.
La. R.S. 42:1111C(2)(d) prohibits a public servant, or legal entity in which he exercises control or owns an interest in excess of twenty-five percent, from receiving any thing of economic value for or in consideration of services rendered, or to be rendered, to or for any person during his public service unless such services are neither performed for nor compensated by any person that has or is seeking to obtain contractual or other business or financial relationships with the public servant's agency.
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Adopt proposed advisory opinion.
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| Assigned Attorney: |
Brett Robinson |
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