946.13 Private interest in public contract prohibited.

224 words·~1 min read·/wi/chapter-946/946-13

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)Any public officer or public employee who does any of the following is guilty of a Class I felony:

(a)In the officer’s or employee’s private capacity, negotiates or bids for or enters into a contract in which the officer or employee has a private pecuniary interest, direct or indirect, if at the same time the officer or employee is authorized or required by law to participate in the officer’s or employee’s capacity as such officer or employee in the making of that contract or to perform in regard to that contract some official function requiring the exercise of discretion on the officer’s or employee’s part; or

(b)In the officer’s or employee’s capacity as such officer or employee, participates in the making of a contract in which the officer or employee has a private pecuniary interest, direct or indirect, or performs in regard to that contract some function requiring the exercise of discretion on the officer’s or employee’s part.

(2)Subsection

(1)does not apply to any of the following:

(a)Contracts in which any single public officer or employee is privately interested that do not involve receipts and disbursements by the state or its political subdivision aggregating more than $15,000 in any year.

(b)Contracts involving the deposit of public funds in public depositories.