Nevada Code § 281.221

Contracts in which state officer has interest prohibited; exceptions; penalties
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1. Except as otherwise provided in this
section and NRS 281A.430 , it is
unlawful for a state officer, who is not a member of the Legislature subject to
the restrictions set forth in NRS 218A.970 ,
to:
(a) Become a contractor under any contract or
order for supplies or other kind of contract authorized by or for the State or
any of its departments, or the Legislature or either of its houses, or to be
interested, directly or indirectly, as principal, in any kind of contract so
authorized.
(b) Be interested in any contract made by the officer
or to be a purchaser or interested in any purchase under a sale made by the
officer in the discharge of the officers official duties.
2. A member of any board, commission or
similar body who is engaged in the profession, occupation or business regulated
by the board, commission or body may supply or contract to supply, in the
ordinary course of his or her business, goods, materials or services to any
state or local agency, except the board, commission or body of which he or she
is a member, if the member has not taken part in developing the contract plans
or specifications and the member will not be personally involved in opening,
considering or accepting offers.
3. A full- or part-time faculty member in
the Nevada System of Higher Education may bid on or enter into a contract with
a governmental agency, or may benefit financially or otherwise from a contract
between a governmental agency and a private entity, if the contract complies
with the policies established by the Board of Regents of the University of
Nevada pursuant to NRS 396.255 .
4. A state officer, other than an officer
described in subsection 2 or 3, may bid on or enter into a contract with a
governmental agency if the contracting process is controlled by rules of open
competitive bidding, the sources of supply are limited, the officer has not
taken part in developing the contract plans or specifications and the officer
will not be personally involved in opening, considering or accepting offers.
5. Any contract made in violation of this
section may be declared void at the instance of the State or of any other
person interested in the contract except an officer prohibited from making or
being interested in the contract.
6. A person who violates this section is
guilty of a gross misdemeanor and shall forfeit his or her office.

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