interest in contract

interest in contract
A term familiar in statutes respecting the private concern of a public officer in a public contract negotiated by him, meaning any interest which prevents him from exercising absolute loyalty and undivided allegiance to the best interests of the public body which he serves, not necessarily an interest involving direct financial gain upon his part. Miller v Martinez, 28 Cal App 2d 364, 82 P2d 519.

Ballentine's law dictionary. . 1998.

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