The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
(Cite as: 19 V.S.A. § 5b)
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§ 5b. Conflicts of interest
(a) A person in the employ of or holding any official relation to any company subject
to the supervision of the Board or the Agency, or engaged in the management of a company
that is subject to the supervision of the Board or Agency, or owning stock, bonds,
or other securities in the company, or who is in any manner connected with the operation
of a company that is subject to the supervision of the Board or Agency in this State,
shall not be a member or Executive Secretary of the Board or Secretary of Transportation.
(b) No person holding the office of member, Executive Secretary of the Board, or Secretary
of Transportation, either personally or in connection with a partner or agent, may:
(1) render professional service for or against or make or perform any business contract
with any company subject to Board or Agency supervision, relating to the business
of the company, except contracts made with them as common carriers or in the regular
course of public service; or
(2) directly or indirectly receive from a company subject to Board or Agency supervision
any commission, present, or reward. (Added 1985, No. 269 (Adj. Sess.), § 1.)