§ 12.1-13-03 — Public servant's interest in public contracts

1. Every public servant authorized to sell or lease any property, or to make any contract
in his official capacity, alone or in conjunction with other public servants, who
voluntarily becomes interested individually in the sale, lease, or contract, directly or
indirectly, is guilty of a class A misdemeanor.
2. Subsection 1 shall not apply to:
a. Contracts of purchase or employment between a political subdivision and an
officer of that subdivision, if the contracts are first unanimously approved by the
other members at a meeting of the governing body of the political subdivision,
and a unanimous finding is entered in the official minutes of that body that the
contract is necessary because the services or property contracted for are not
otherwise obtainable at equal cost.
b. Sales, leases, or contracts entered into between school boards and school board
members or school officers.