Except as authorized in section 123B.195 or 471.88 , 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.
Minn. Stat. § 471.87
PUBLIC OFFICERS, INTEREST IN CONTRACT; PENALTY.
Applied in 4 court decisions — leading case Erickson v. County of Clay (1990)
Most recently applied in Erickson v. County of Clay (February 1990)
1951 c 379 s 1; 1955 c 41 s 1; 1986 c 444; 2015 c 21 art 1 s 77
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: Minnesota Office of the Revisor of Statutes. Reproduced from public-domain Minnesota statutes; confirm against the official source for the current text. Not legal advice.