- (a) No director, officer, or employee of the Arkansas Waterways Commission, for purpose of personal gain, shall have or attempt to have, directly or indirectly, any interest in any contract or agreement of the commission in connection with the Arkansas Port, Intermodal, and Waterway Development Grant Program.
- (b) It shall not be a conflict of interest for the commission to permit any port, intermodal, or waterway with which a director of the commission is affiliated to participate in any program of the commission, provided that such director shall promptly disclose the nature of the affiliation to the commission.