§ 23-112. Gifts.

No public employee shall solicit or receive, directly or indirectly, anything of economic value over fifty dollars ($50.00) as a gift or gratuity from any person or from any officer, director, agent or employee of such person, if such public employee knows or reasonably should know that such person:

(1)

Has or is seeking to obtain contractual or other business or financial relationships with such employee's agency;

(2)

Conducts operations or activities which are regulated by such employee's agency; or

(3)

Has interests which may be substantially affected by such employee's performance or nonperformance of official duty.

(Code 1961, § 13-45)