Nebraska Statutes 17-807. Board members; interest in contracts prohibited
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No member of the board of public works of a city of the second class shall ever be financially interested, directly or indirectly, in any contract entered into by the board on behalf of the city for more than ten thousand dollars in one year.
Terms Used In Nebraska Statutes 17-807
- Contract: A legal written agreement that becomes binding when signed.
- Year: shall mean calendar year. See Nebraska Statutes 49-801