Current through Register Vol. XLI, No. 50, December 13, 2024
Section 158-4-2 - Definitions2.1. "Person and business entity" means an individual, corporation, association, firm, partnership, limited partnership, committee, or other organization or group of persons, irrespective of the denomination given the organization or group.2.2. "Specified services" are the services provided by an investment adviser, underwriter, broker, dealer, government securities broker, government securities dealer, transfer agent, attorney, bond counsel, trustee or accountant.2.3. "Person associated with" means connection with a person or business entity as an employee who exercises discretion in the operation of the entity, or as an officer, trustee, agent, or the owner of an interest in the business entity greater than ten per cent (10%) or thirty thousand dollars ($30,000).2.4. "Substantial financial investment" means an aggregate financial commitment of $1,000 or more by a person or business entity and/or any person associated with them.2.5. "Significant financial interest" means an interest worth one thousand dollars ($1,000) or more.2.6. "Designated public servant" means a public officer, employee, agent or attorney of State government with the authority to make, or join in making, or who, lacking such authority has in fact personally and substantially influenced the making of, discretionary actions of the Authority regarding the issuance of bonds or other securities. Members of the West Virginia Legislature will not be considered designated public servants, unless they are found by the Authority to have personally and substantially influenced its discretionary action.2.7. "Authority" means the West Virginia School Building Authority and the West Virginia Regional Jail and Correctional Facility Authority.