No person in the employ of any common carrier or other public utility, or owning any bonds, stock, or property in any public utility shall be eligible to hold the office of utilities board member or chief operating officer of the utilities board. The entering into the employ of any common carrier or other public utility or the acquiring of any stock or other interest in any common carrier or other public utility by such member or chief operating officer after appointment shall disqualify the member or chief operating officer to hold or perform the duties of the office.

Section amended

[C97, §2111; C24, 27, 31, 35, 39, §7865; C46, 50, 54, 58, 62, 66, 71, 73, §474.1; C75, 77, 79, 81, §474.2] 2018 Acts, ch 1160, §2; 2019 Acts, ch 24, §65

Referred to in §475A.1