1. (a) A director of the commission who knowingly has an interest:

   1. (1) in any contract with the commission; or

   2. (2) in the sale or lease of any real or personal property to the commission;

      commits a Class A misdemeanor. All such contracts or leases are void.

2. (b) This section does not apply to contracts for purchases of property, real or personal, between the commission and:

   1. (1) the authority;
   2. (2) any political subdivision; or
   3. (3) any department or agency of the state.

As added by P.L.233-2013, SEC.5.