§ 42.52.030. Financial interests in transactions
(1) No state officer or state employee, except as provided in subsection (2) of this section, may be beneficially interested, directly or indirectly, in a contract, sale, lease, purchase, or grant that may be made by, through, or is under the supervision of the officer or employee, in whole or in part, or accept, directly or indirectly, any compensation, gratuity, or reward from any other person beneficially interested in the contract, sale, lease, purchase, or grant.
(2) No state officer or state employee may participate in a transaction involving the state in his or her official capacity with a person of which the officer or employee is an officer, agent, employee, or member, or in which the officer or employee owns a beneficial interest, except that an officer or employee of an institution of higher education or the Spokane intercollegiate research and technology institute may serve as an officer, agent, employee, or member, or on the board of directors, board of trustees, advisory board, or committee or review panel for any nonprofit institute, foundation, or fundraising entity; and may serve as a member of an advisory board, committee, or review panel for a governmental or other nonprofit entity.
[2005 c 106 § 2; 1996 c 213 § 3; 1994 c 154 § 103.]
Sections: Previous 42.52.010 42.52.020 42.52.030 42.52.040 42.52.050 42.52.060 42.52.070 42.52.080 42.52.090 42.52.100 42.52.110 42.52.120 42.52.130 42.52.140 42.52.150 NextLast modified: April 7, 2009