Minnesota § 471.87 - PUBLIC OFFICERS, INTEREST IN CONTRACT; PENALTY

Full text of Minnesota Minnesota Statutes § 471.87 — PUBLIC OFFICERS, INTEREST IN CONTRACT; PENALTY, with citation guidance and answers to common questions.

§ 471.87. PUBLIC OFFICERS, INTEREST IN CONTRACT; PENALTY

Except as authorized in section 123B.195 or 471.88, a public officer who is authorized to take part in any manner in making any sale, lease, or contract in official capacity shall not voluntarily have a personal financial interest in that sale, lease, or contract or personally benefit financially therefrom. Every public officer who violates this provision is guilty of a gross misdemeanor.

History:

1951 c 379 s 1; 1955 c 41 s 1; 1986 c 444; 2015 c 21 art 1 s 77

Official Publication of the State of Minnesota
Revisor of Statutes

Source: official Minnesota text · Last verified 2026-08-27

Related Minnesota Legal Topics

Frequently Asked Questions About Minnesota § 471.87

What does Minnesota Statutes § 471.87 cover?

Section 471.87 ("PUBLIC OFFICERS, INTEREST IN CONTRACT; PENALTY") is part of the Minnesota Statutes, the codified statutory law of Minnesota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Minnesota § 471.87?

A common citation format is "Minnesota Statutes § 471.87" (Minnesota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Minnesota law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Minnesota official source linked on this page or consult a licensed Minnesota attorney.

How does Minnesota § 471.87 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Minnesota can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Minnesota.