(1) No member of a drainage board shall be interested directly or indirectly: (a) In any contract with the drainage board; or (b) In any contract for work or materials in or for a drainage district; or (c) In any contract for the sale of machinery or materials for or to the drainage board; or (d) In the wages or supplies of persons employed on work in or for a drainage district. (2) No board member shall deal in securities of a drainage district.
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