§ 33.063  PERSONAL AND FINANCIAL INTERESTS.
   (A)   Except as provided in § 33.064 of this code, an officer or official shall not participate in the negotiation or execution of contracts, making of loans, granting of subsidies, fixing of rates, issuance of permits or certificates, or other regulation or supervision relating to a business entity in which the officer or official has a financial or personal interest.
   (B)   The Conflict of Interest Act, Public Act 317 of 1968, being M.C.L.A. §§ 15.321 et seq., governs the solicitation by and participation in government contracts by officers and officials of the township and preempts all local regulations of such conduct. However, the Conflict of Interest Act does not apply to contracts between the township and its officers and officials which are based on the township’s powers to appoint officers and officials and hire employees.
   (C)   Section 2 of the State Ethics Act, Public Act 196 of 1973, being M.C.L.A. § 15.342, sets forth the standards listed in §§ 33.058 to 33.063 of this code. However, no sanctions are imposed for violation of these standards by officers and officials of local units of government. Hence there is no need for this subchapter to impose sanctions for the violation of these standards of conduct.
(Ord. 1016, Amendment 19, passed 2-28-2017)