§ 40. Conflict of interest
No elective or appointive officer or employee of the Town shall be beneficially interested directly or indirectly in any contract with the Town, regardless of amount, or furnish any material, or perform any labor, except in the discharge of his or her official duties, unless such contract shall have been awarded upon bids advertised for by publication. Such publication shall be at least two times in a newspaper having general circulation in the Town; the second publication shall be at least seven days prior to the opening of such bids. No officer or employee of the Town shall take part in any decision concerning the business of the Town in which he or she has a direct or indirect financial interest, aside from his or her salary as an officer or employee, greater than any other citizen or taxpayer in the Town.
Structure Vermont Statutes
Title 24 Appendix - Municipal Charters
App § 1. Authority of citizens
App § 2. Meetings and elections
App § 5. Reconsideration of actions taken
App § 6. Board of Civil Authority
App § 7. Nomination of candidates
App § 9. Intergovernmental relations
App § 10. Elected officers; general
App § 17. Town manager; appointment; term
App § 18. Removal of the Town Manager
App § 20. Responsibilities of the Town Manager in general
App § 21. Powers and duties in particular
App § 22. Noninterference with administration
App § 23. Filling of a vacancy
App § 24. Compensation of the Town Manager
App § 35a. Bonding; Aldrich Public Library
App § 36. Meetings; open government
App § 39. Compensation and fees
App § 40. Conflict of interest
App § 42. Mergers and consolidation of municipalities