The MTA shall not contract with any of the following:
(a) Board members or their staff.
(b) Any profit-making firm or business in which a board member or member of their staff is an officer, principal, partner, or shareholder who owns more than 10 percent of the firm or business.
(Amended by Stats. 2024, Ch. 755, Sec. 26. (AB 3123) Effective January 1, 2025.)