Section 52-2-1101 - Employees and officers - Interest in facility - DisclosureA person shall disclose an ownership interest to the department or licensee, and shall not serve in a capacity of decision making or influence or responsibility for the direct referral or placement of persons to any residential facility that provides intellectual or developmental disabilities services or supports, if:
(1)(A) The person is an officer or employee of the department; or(B) The person is an officer or employee of a licensee of the department; and(2)(A) The person or the person's spouse, parent, grandparent, brother, sister, or child has an ownership interest in a residential facility that is not publicly held or an ownership interest in a business that is not publicly held that owns or manages a residential facility that provides intellectual or developmental disabilities services or supports;(B) The person or combination of persons named in subdivision (2)(A) has an ownership interest of at least thirty-five percent (35%) in a residential facility that is publicly held that provides intellectual or developmental disability services; or(C) The person or combination of persons named in subdivision (2)(A), has an ownership interest of at least thirty-five percent (35%) in a business that is publicly held that owns or manages a residential facility that provides intellectual or developmental disability services.Added by 2024 Tenn. Acts, ch. 688,s 2, eff. 7/1/2024.