N.M. Stat. § 16-6-12

Current through 2024, ch. 69
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.

NMS § 16-6-12

Laws 1913, ch. 46, § 12; Code 1915, § 5016; C.S. 1929, § 127-111; 1941 Comp., § 48-2111; 1953 Comp., § 45-20-11.