Today's Law As Amended


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AB-2155 Public officers: contracts: prohibited interests.(2019-2020)



As Amends the Law Today


SECTION 1.

 Section 1092 of the Government Code is amended to read:

1092.
 (a) (1)  Every contract made in violation of any of the provisions of Section 1090 may be avoided at the instance of any party  party, subject to paragraph (2),  except the officer interested therein. No such contract may be avoided because of the interest of an officer therein unless the contract is made in the official capacity of the officer, or by a board or body of which he or she  the officer  is a member.
(2) For a contract formed on and after January 1, 2021, for purposes of paragraph (1), “party” means a California taxpayer.
(b) An action under this section shall be commenced within four years after the plaintiff has discovered, or in the exercise of reasonable care should have discovered, a violation described in subdivision (a).