No member of the Council or any officer or employee of the Village shall have a financial
interest, direct or indirect, or by reason of ownership of stock, in any corporation,
in any contract, or in the sale to the Village or to a contractor supplying the Village
of any land or rights or interests in any land, material, supplies or services. Any
willful violation of this section shall constitute malfeasance in office, and any
officer or employee of the Village found guilty thereof shall thereby forfeit his
office or position. Any violation of this section with the knowledge, express or implied,
of the Person contracting with the Village shall render the contract voidable by the
Village Manager or the Council.
(Laws of Fla., 1947, ch. 24386, § 68)
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