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Nevada Revised Statutes Title 25. Public Organizations for Community Service § 318A.240. Trustees not to be interested in sales or purchases; contracts void; penalties

Current as of January 01, 2025 | Updated by Findlaw Staff

1. No trustee may be interested, directly or indirectly, in any property purchased for the use of the district, or in any purchase or sale of property belonging to the district.

2. Any contract made in violation of the provisions of subsection 1 may be declared void.

3. A trustee who violates the provisions of subsection 1 is guilty of a gross misdemeanor and shall be further punished as provided in NRS 197.230.

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Cite this article: FindLaw.com - Nevada Revised Statutes Title 25. Public Organizations for Community Service § 318A.240. Trustees not to be interested in sales or purchases; contracts void; penalties - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-25-public-organizations-for-community-service/nv-rev-st-318a-240/

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