(A) No elected official shall participate in the selection or in the award or administration of a contract or grant award of funds from any government agency, if a conflict of interest, real or apparent, shall be involved.
(B) No elected official or any member of such person’s immediate family shall be a party to, nor have an interest in the profits or benefits of, any government contract of the Karuk Tribe or of any investment of funds of the Karuk Tribe, unless the contract or the investment meets the following requirements:
(1) The contract is let by notice and competitive bid or procurement procedures as required under the applicable laws, rules, regulations and policies of the Karuk Tribe, for necessary materials or services for the governmental agency or entity involved; and
(2) In the continuous course of business, the bid was commenced before the elected official assumed their current term of office or employment; and
(3) The entire transaction is conducted at arm’s length, with the governmental agency’s full knowledge of the interest of the elected official or a member of their immediate family; and
(4) The elected official has taken no part in the determination of the specifications, deliberations or decisions of a governmental agency with respect to the public contract.
(C) This provision shall not apply to such persons qualifying for housing benefits from the Tribe or for medical benefits from the Indian Health Service or other programs available to all Tribal members.