Minnesota Legislature
Office of the Revisor of Statutes
2006 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
15B.26 CONFLICT OF INTEREST.
Subdivision 1. Elements. (a) A person has a conflict of interest under this section if:
(1) the person is a board member, or is employed or retained by the board;
(2) the person has a financial interest in a business enterprise or activity within the Capitol
Area, or in constructing or maintaining a facility within the Capitol Area for the enterprise or
activity; and
(3) the board's approval is in any way required by law for the business enterprise or activity
or for constructing or maintaining the facility.
(b) For purposes of this section, it does not matter whether the financial interest mentioned in
paragraph (a), clause (2), is direct or indirect.
Subd. 2. Penalty. A person who has a conflict of interest under subdivision 1 is guilty of a
gross misdemeanor.
History: 1969 c 1150 s 4; 1974 c 580 s 7; 2003 c 17 s 1, subds 45,46;2
Subdivision 1. Elements. (a) A person has a conflict of interest under this section if:
(1) the person is a board member, or is employed or retained by the board;
(2) the person has a financial interest in a business enterprise or activity within the Capitol
Area, or in constructing or maintaining a facility within the Capitol Area for the enterprise or
activity; and
(3) the board's approval is in any way required by law for the business enterprise or activity
or for constructing or maintaining the facility.
(b) For purposes of this section, it does not matter whether the financial interest mentioned in
paragraph (a), clause (2), is direct or indirect.
Subd. 2. Penalty. A person who has a conflict of interest under subdivision 1 is guilty of a
gross misdemeanor.
History: 1969 c 1150 s 4; 1974 c 580 s 7; 2003 c 17 s 1, subds 45,46;2
Official Publication of the State of Minnesota
Revisor of Statutes