Latest news from Moulton, AL collected exclusively by city-data.com from local newspapers, TV, and radio stations. Ancestries: American (19.8%), Irish (8.5%), English (5.7%), German (4.3%), Scottish (2.3%), Scotch-Irish (1.8%). Current Local Time: CST time zone. Elevation: 650 feet.
Adverse Interest. Adverse Interest. A right or concern that's contrary to the interest or claim of another. An adverse interest in real property is a claim against the property, such as an easement.
Conflict of Interest. A term used to describe the situation in which a public official or fiduciary who, contrary to the obligation and absolute duty to act for the benefit of the public or a designated individual, exploits the relationship for personal benefit, typically pecuniary.onflict of interest. n. a situation in which a person has a duty to more than one person or organization, but cannot do justice to the actual or potentially adverse interests of both parties.