The director shall not have any pecuniary interest, directly or indirectly, in any contract for supplies furnished to the state, or in any business enterprise involving any expenditure by the state. A violation of the provisions of this section shall be a serious misdemeanor, and on conviction thereof the director shall be removed from office in addition to any other penalty.
[C97, § 153; C24, 27, 31, 35, 39, § 275; C46, 50, 54, 58, 62, 66, 71, § 18.4; C73, § 19B.5; C75, 77, 79, 81, § 18.5]
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