Current through 2024, ch. 69
Section 10-16-2 - DefinitionsAs used in the Governmental Conduct Act:
A. "business" means a corporation, partnership, sole proprietorship, firm, organization or individual carrying on a business;B. "confidential information" means information that by law or practice is not available to the public;C. "contract" means an agreement or transaction having a value of more than one thousand dollars ($1,000) with a state or local government agency for: (1) the rendition of services, including professional services;(2) the furnishing of any material, supplies or equipment;(3) the construction, alteration or repair of any public building or public work;(4) the acquisition, sale or lease of any land or building;(5) a licensing arrangement;(6) a loan or loan guarantee; or(7) the purchase of financial securities or instruments;D. "employment" means rendering of services for compensation in the form of salary as an employee;E. "family" means an individual's spouse, parents, children or siblings, by consanguinity or affinity;F. "financial interest" means an interest held by an individual or the individual's family that is:(1) an ownership interest in business or property; or(2) any employment or prospective employment for which negotiations have already begun;G. "local government agency" means a political subdivision of the state or an agency of a political subdivision of the state;H. "official act" means an official decision, recommendation, approval, disapproval or other action that involves the use of discretionary authority;I. "public officer or employee" means any elected or appointed official or employee of a state agency or local government agency who receives compensation in the form of salary or is eligible for per diem or mileage but excludes legislators;J. "standards" means the conduct required by the Governmental Conduct Act;K. "state agency" means any branch, agency, instrumentality or institution of the state; andL. "substantial interest" means an ownership interest that is greater than twenty percent.1953 Comp., § 5-12-2, enacted by Laws 1967, ch. 306, § 2; 1979, ch. 350, § 1; 1993, ch. 46, § 27; 2007, ch. 362, § 1; 2011, ch. 138, § 2.Amended by 2011, c. 138,s. 2, eff. 7/1/2011.