PART VIII. CONFLICT OF INTEREST.
§8-5-19. Charter or ordinance provisions pertaining to conflict of
interest; penalties for violation thereof.
Every city shall have plenary power and authority to provide
by charter provision, and every municipality shall have plenary
power and authority to provide by ordinance, that it shall be
unlawful for the governing body, or any member thereof, or other
officer or officers thereof, to be interested personally, either
directly or indirectly, or as a member, manager, officer or
stockholder of any partnership, business, firm or corporation, in
any contract furnishing material, services or supplies to the
municipality, or to any contractor, or workmen for the
municipality, or in any manner whatsoever, whereby the taxpayers of
such municipality shall become the paymaster, either directly or
indirectly, or to adopt any other provisions, deemed appropriate,
pertaining to conflict of interest or possible conflict of
interest. Any violation of any such charter or ordinance
provisions by any member of the governing body or other officer or
officers thereof, shall be a misdemeanor, and, upon conviction
thereof, such member or officer shall be fined not less than fifty
nor more than five hundred dollars, and shall automatically be
removed from office.