17-807 Board members; interest in contracts prohibited. - Nebraska Statutes

17-807. Board members; interest in contracts prohibited.No member of the board of public works shall ever be financially interested, directly or indirectly, in any contract entered into by them on behalf of such city for more than ten thousand dollars in one year. SourceLaws 1935, c. 33, § 5, p. 140; C.S.Supp.,1941, § 17-705; R.S.1943, § 17-807; Laws 1973, LB 24, § 3.