Minnesota Statutes Municipalities (Ch. 471-472B) § 471.87. Public officers, interest in contract; penalty

Except as authorized insection 123B.195or471.88, 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.