(1) It shall be unlawful for any county judge to be interested, either directly or indirectly, in any contract or transaction made or entered into in his or her county or on behalf of his or her county or to accept or receive any property, money, or other valuable thing for his or her use or benefit on account of, connected with, or growing out of any contract or transaction had or made for his or her county.
(2) If, in the purchase of any materials, supplies, equipment, or machinery for the county, any discounts, credits, or allowances are given or allowed, they shall be for the benefit of the county. It shall be unlawful for the county judge to accept or retain the discounts, credits, or allowances for his or her own use or benefit. All such discounts, credits, or allowances must be given to the county.
(3) A violation of any of the provisions of this section shall be a misdemeanor, and upon conviction the county judge shall be punished by a fine of not less than three hundred dollars ($300) nor more than one thousand dollars ($1,000). In addition, the county judge shall be removed from office, and his or her successor shall be appointed as is provided by law.