A trustee shall not have, directly or indirectly, any pecuniary interest in the purchase or sale of any commodities or supplies procured for or disposed of by a county hospital. This section does not apply to a purchase or sale of commodities or supplies which benefits a trustee if the benefit to the trustee does not exceed one thousand five hundred dollars in a fiscal year or to a purchase or sale made by a trustee of the board of hospital trustees through competitive bid which is issued in written form and is publicly invited and opened.
[S13, § 409-d; C24, 27, 31, 35, 39, § 5361; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 347.15]
94 Acts, ch 1135, §1
Referred to in § 331.342
Previous Section 347.14
Next Section 347.16
© 1999 Cornell College and League of Women Voters of Iowa
Comments about this site or page?
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.
Last update: Thu Mar 18 15:00:31 CST 1999