Definitions

As 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; and L. "substantial interest" means an ownership interest that is greater than twenty percent. History: 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.