Sports, Racing, and Athletics

Establishment and Extension of Gambling Activities and Other Facilities

SECTION 41-9-3

§ 41-9-3. Disclosure of regulated business interests.

Every person who is required to file a financial statement pursuant to this chapter and who has, or within the preceding three (3) years divests himself or herself of, five percent (5%) or greater equity interest in a business entity which is subject to regulation by this chapter, by a state or municipal agency, shall file with the ethics commission annually an affidavit:

(1) Identifying himself or herself and stating the capacity in which he or she serves or is about to serve which occasions the filing of the affidavit;

(2) Identifying the business entity (or each business entity) and all the principals thereof known to him or her;

(3) Stating the nature of his or her interest in the business entity and that of all the principals thereof known to him or her;

(4) Identifying all those persons and/or corporations known to him or her providing any financing for the business entity.

History of Section.
(P.L. 1981, ch. 233, § 4; P.L. 1998, ch. 419, § 1.)