§5D-1-19. Financial interest in contracts prohibited; penalty

Published: 2015

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WVC 5D-1-19

§5D-1-19. Financial interest in contracts prohibited; penalty.

No officer, member or employee of the authority shall be

financially interested, directly or indirectly, in any contract of

any person with the authority, or in the sale of any property, real

or personal, to or from the authority. This section does not apply

to contracts or purchases of property, real or personal, between

the authority and any governmental agency. If any officer, member

or employee of the authority has such financial interest in a

contract or sale of property prohibited hereby, he shall be guilty

of a misdemeanor, and, upon conviction thereof, shall be fined not

more than one thousand dollars, or imprisoned in the county jail

not more than one year, or both fined and imprisoned.

Note: WV Code updated with legislation passed through the 2015 Regular Session

The WV Code Online is an unofficial copy of the annotated WV Code, provided as a convenience. It has NOT been edited for publication, and is not in any way official or authoritative.