2025 Session
Last amended: 2015 session
§ 471.87 — Public Officers, Interest in Contract; Penalty
Plain-Language Summary
Local government officers cannot have a personal financial interest in contracts they approve.
471.87 PUBLIC OFFICERS, INTEREST IN CONTRACT; PENALTY.
Except as authorized in section 123B.195 or 471.88, 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; 2015 c 21 art 1 s 77
History: History: 1951 c 379 s 1; 1955 c 41 s 1; 1986 c 444; 2015 c 21 art 1 s 77
Practical Notes
Officials who vote on contracts they profit from violate conflict of interest rules.