New Mexico Statutes
Article 6 - State and County Fairs
Section 16-6-12 - [Contracts; financial interest by commissioner; effect; penalty.]

No commissioner shall either directly or indirectly be financially interested in any contract made by the commission and any such contract in which a commissioner shall be interested either directly or indirectly, shall be void. Any violation of the provisions of this article, shall be punishable by imprisonment in the state prison for one year.
History: Laws 1913, ch. 46, § 12; Code 1915, § 5016; C.S. 1929, § 127-111; 1941 Comp., § 48-2111; 1953 Comp., § 45-20-11.
Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
Compiler's notes. — The words "this article" were substituted by the 1915 compiler for "this act" and refer to the 1915 Code, ch. 100, §§ 5005 to 5017, compiled herein as 16-6-1 to 16-6-4, 16-6-6 to 16-6-9, 16-6-11, 16-6-12 NMSA 1978.

Structure New Mexico Statutes