40-13-05.1. Municipal officers - Contracts - Disclosure required - Penalty

40-13-05.1. Municipal officers - Contracts - Disclosure required - Penalty A municipal officer may not refuse or fail to disclose to the governing board of which that person is a member any personal interest, direct or indirect, in any contract requiring the expenditure of municipal funds. Any person who violates this section is guilty of an infraction and is, in addition, subject to removal from office.