Nevada Code § 318.0956

Trustees not to be interested in sales or contracts; exception; penalties
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1. Except as provided in subsection 2, no
member of the board may be interested, directly or indirectly, in any property
purchased for the use of the district, or in any purchase or sale of property
belonging to the district, or in any contract made by the district for the
acquisition of any project or improvement by the district.
2. The board may purchase supplies or
contract for services for the district from one of its members, when not to do
so would be a great inconvenience, but the member from whom the supplies are to
be bought or with whom the contract for services is to be made shall not vote
upon the allowance of the purchase or contract. If the purchase is made or
contract let by competitive bidding, the bid of a member of the board may be
accepted only if the member is the lowest responsible bidder.
3. A member of the board who violates the
provisions of subsection 1 is guilty of a gross misdemeanor and shall be
further punished as provided in NRS 197.230 .

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