(A)   An official or employee, whether paid or unpaid, who has a direct or indirect financial or other interest in any transaction, the disposition of which may be influenced by his or her official position or action, shall disclose all sources of income and the nature and extent of any personal interest in such transaction as an officer, agent, member or owner of any business entity or other association which is subject to regulation by the village.
   (B)   Such disclosure shall remove any presumption of conflict of interest for any transaction where the information disclosed is pertinent.
(Prior Code, § 32.017)