Sec. 4.131. - Conflict of interest: Greensboro Code of Ordinances, City Charter
"Any officer, department head or employee who has financial interest, direct or indirect,
in any proposed contract with the city or in a proposed sale of any land, material, supplies, or services
to the city or to a contractor supplying the city,
shall make known that interest and shall refrain from voting upon
or otherwise participating in the making of such contract or sale.
Any officer, department head, or employee who willfully conceals such a financial interest
or willfully violates the requirements of this Section
shall be guilty of malfeasance in office or position and shall forfeit his office or position.
Violation of this Section with the knowledge
expressed or implied of the person or corporation contracting with or making a sale to the city
shall render the contract void."