Nevada Revised Statutes 269.072 – Town officer not to be interested in certain contracts and purchases; penalties
Current as of: 2022 | Check for updates
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1. Except as otherwise provided in NRS 281.230, 281A.430 and 332.800, it is unlawful for any town officer, directly or indirectly, to be interested in any contract made by the town officer or to be a purchaser or interested in any purchase under a sale made by the town officer in the discharge of his or her official duties.
Attorney's Note
Under the Nevada Revised Statutes, punishments for crimes depend on the classification. In the case of this section:| Class | Prison | Fine |
|---|---|---|
| gross misdemeanor | up to 364 days | up to $2,000 |
Terms Used In Nevada Revised Statutes 269.072
- Contract: A legal written agreement that becomes binding when signed.
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
2. Any person who violates this section is guilty of a gross misdemeanor and shall forfeit his or her office.