Statutes > Iowa Statutes > Title 1 - State Sovereignty and Management > Subtitle 4 - Executive Branch > CHAPTER 8A - DEPARTMENT OF ADMINISTRATIVE SERVICES > 8A.105 - PROHIBITED INTERESTS -- PENALTY.

8A.105 - PROHIBITED INTERESTS -- PENALTY.

        8A.105  PROHIBITED INTERESTS -- PENALTY.
         The director shall not have any pecuniary interest, directly or
      indirectly, in any contract for supplies furnished to the state, or
      in any business enterprise involving any expenditure by the state.  A
      violation of the provisions of this section shall be a serious
      misdemeanor, and upon conviction, the director shall be removed from
      office in addition to any other penalty.
         Section History: Recent Form
         2003 Acts, ch 145, §5