3-1A-1. Definition of terms.
142 words·~1 min read·
/sd/title-3/chapter-3-1/3-1a-1A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Terms used in this chapter mean:
(1)"Any member of the individual's immediate family," a spouse or minor children living at home;
(2)"Close economic interest," any enterprise that, in the calendar year preceding the filing of any statement of financial interest under this chapter, contributes more than ten percent of or more than two thousand dollars to the gross income of the family, including the individual required to file the statement and any member of the individual's immediate family. The term also includes any enterprise in which the individual or any member of the individual's immediate family controls more than ten percent of the capital or stock;
(3)"Enterprise," any business or economic relationship;
(4)"Statement of financial interest," a description of the type of financial activity and the nature of the association with any enterprise as defined in this section.