"Person related to" with respect to an organization

Sec. 40. "Person related to" with respect to an organization means: (1) a person directly or indirectly controlling, controlled by, or under common control with the organization; (2) a director, an executive officer, or a manager of the organization or a person performing similar functions with respect to the organization or to a person related to the organization; (3) the spouse of a person related to the organization; and (4) a relative by blood or marriage of a person related to the organization who shares the same home with the person. [Pre-2026 Revision Citation: 24-4.5-1-301.5(35).] As added by P.L.115-2026, SEC.97.