3-16-7. Officer's interest in public contract as misdemeanor.
55 words·~1 min read·
/sd/title-3/chapter-3-16/3-16-7A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No public officer who is authorized to sell or lease any property, or make any contract in the officer's official capacity may become voluntarily interested individually in any sale, lease, or contract, directly or indirectly with such entity. A violation of this section is a Class 2 misdemeanor unless the act is exempted by law.