Advisory Opinion 009
REQUESTED BY: Paul Kosch, President, First National Bank, David City, Nebraska
QUESTION:
1. Whether members of a board of trustees for a county hospital are required to file Statements of Financial Interests?
2. Whether there is a potential conflict of interest to be disclosed and other action to be taken in the case of a county hospital's funds being deposited in a bank in which that hospital board member is an officer and director?
3. Whether the insurance division or affiliate of the bank is denied the right to bid on insurance for the hospital?