471.87 PUBLIC OFFICERS, INTEREST IN CONTRACT; PENALTY.
Except as authorized in section
, a public officer who is authorized to take part
in any manner in making any sale, lease, or contract in official capacity shall not voluntarily
have a personal financial interest in that sale, lease, or contract or personally benefit financially
therefrom. Every public officer who violates this provision is guilty of a gross misdemeanor.
History: 1951 c 379 s 1; 1955 c 41 s 1; 1986 c 444