WEST VIRGINIA CODE
WVC 16 - 29 A- 23
§16-29A-23. Financial interest in contracts prohibited;
penalty.
No officer, member or employee of the board or the authority
shall be financially interested, directly or indirectly, in any
contract of any person with the authority, or in the sale of any
property, real or personal, to or from the authority. This
section does not apply to contracts or purchases of property,
real or personal, between the authority and any governmental
agency. If any officer, member or employee of the board or the
authority has such financial interest in a contract or sale of
property prohibited hereby, he shall be guilty of a misdemeanor,
and, upon conviction thereof, shall be fined not more than one
thousand dollars, or imprisoned in the county jail not more than
one year, or both fined and imprisoned.
Note: WV Code updated with legislation passed through the 2012 1st Special Session