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471.87
Statute ID:
12106
Public Officers -- Interest in Contract Violation
In Effect
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Text
Details are only available for Penalty and Charging Statutes.
Statute Number:
471.87
Enactment Date:
Jan 1, 1859
Effective Date:
Aug 1, 1996
Expiration Date:
Repealed?:
No
Summary Text:
Public Officers -- Interest in Contract Violation
Statute ID:
12106
Created:
Mar 18, 2008 by mnjis.legal.analyst@state.mn.us
Updated:
Mar 18, 2008 by mnjis.legal.analyst@state.mn.us
Last Update Action:
Added
Legal Analyst Comment:
Last amended 1986 c 444, added per config request #114574
Summary Text:
Public Officers -- Interest in Contract Violation
Link to MN Statute Text:
https://www.revisor.leg.state.mn.us/stats/471/87.html
Legislative Session:
1996 - Regular
Session Law Text?:
No
Statute text last updated on:
Mar 18, 2008
Except as authorized in section 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.
