Minnesota § 473.706 - ADVERSE INTEREST OF COMMISSIONERS

Full text of Minnesota Minnesota Statutes § 473.706 — ADVERSE INTEREST OF COMMISSIONERS, with citation guidance and answers to common questions.

§ 473.706. ADVERSE INTEREST OF COMMISSIONERS

No commissioner shall have any personal or financial interest in any sale, lease, or other contract made by the commission nor shall a commissioner benefit therefrom directly or indirectly. Any violation of this section may make such sale, lease, or other contract void. Upon conviction for a violation of this section a commissioner shall be automatically disqualified from further service on the commission.

History:

1975 c 13 s 131; 1986 c 444

Official Publication of the State of Minnesota
Revisor of Statutes

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

Frequently Asked Questions About Minnesota § 473.706

What does Minnesota Statutes § 473.706 cover?

Section 473.706 ("ADVERSE INTEREST OF COMMISSIONERS") 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 § 473.706?

A common citation format is "Minnesota Statutes § 473.706" (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 § 473.706 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.