§ 15-9-137 — Voluntary conflicts of interest prohibited; disclosure of involuntary conflicts; violation

No public official or employee of a municipality, or board or
commission thereof, and no commissioner or employee of an urban
renewal agency vested by a municipality with urban renewal
project powers under W.S. 15-9-133 shall voluntarily acquire any
personal interest, direct or indirect, in any urban renewal
project, or in any property included or planned to be included
in any urban renewal project of that municipality or in any
contract or proposed contract in connection with that urban
renewal project. If the acquisition is not voluntary, the
interest acquired shall be immediately disclosed in writing to
the local governing body, and the disclosure shall be entered
upon the minutes thereof. If any official, commissioner or
employee presently owns or controls, or owned or controlled
within the preceding two (2) years, any interest, directly or
indirectly, in any property which he knows is included or
planned to be included in any urban renewal project, he shall
immediately disclose this fact in writing to the local governing
body. The disclosure shall be entered upon the minutes of the
governing body, and no such official, commissioner or employee
shall participate in any action by the municipality, or board or
commission thereof, or urban renewal agency, affecting the
property. Any disclosure required to be made by this section to
the local governing body shall concurrently be made to an urban
renewal agency which has been vested with urban renewal project
powers by the municipality pursuant to this chapter. Any
violation of the provisions of this section constitutes
misconduct in office.