West Virginia § 31-19-18 - 31-19-18. Financial interests in contracts prohibited; penalty.
Full text of West Virginia West Virginia Code § 31-19-18 — 31-19-18. Financial interests in contracts prohibited; penalty., with citation guidance and answers to common questions.
§ 31-19-18. 31-19-18. Financial interests in contracts prohibited; penalty.
No officer, member or employee of 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 authority has such financial interests in the contract or sale of property prohibited hereby, he shall be guilty of a misdemeanor, and, upon conviction thereof, shall be fined not more than $1,000 or imprisoned in the county jail not more than one year, or both fined and imprisoned.
Source: official West Virginia text · Last verified 2026-08-27
Frequently Asked Questions About West Virginia § 31-19-18
What does West Virginia Code § 31-19-18 cover?
Section 31-19-18 ("31-19-18. Financial interests in contracts prohibited; penalty.") is part of the West Virginia Code, the codified statutory law of West Virginia. 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 West Virginia § 31-19-18?
A common citation format is "West Virginia Code § 31-19-18" (West Virginia). 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 West Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the West Virginia official source linked on this page or consult a licensed West Virginia attorney.
How does West Virginia § 31-19-18 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in West Virginia 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 West Virginia.