Legal Documents of New Market

Code of New Market

Table of Contents » Title 1 General Administration » Chapter 4 Code Of Ethics » § 1-402 Definition of "personal interest."
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Title 1
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Title 1, Chapter 1
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§ 1-101
New Market
Title 1 : General Administration
Chapter 4 : Code Of Ethics

1-402 : Definition of "personal interest."

  1. For purposes of §§ 1-403 and 1-404, "personal interest" means:
    1. Any financial, ownership, or employment interest in the subject of a vote by a municipal board not otherwise regulated by state statutes on conflicts of interests; or
    2. Any financial, ownership, or employment interest in a matter to be regulated or supervised; or
    3. Any such financial, ownership, or employment interest of the official's or employee's spouse, parent(s), step parent(s), grandparent(s), sibling(s), child(ren), or step child(ren).
  2. The words "employment interest" include a situation in which an official or employee or a designated family member is negotiating possible employment with a person or organization that is the subject of the vote or that is to be regulated or supervised.
  3. In any situation in which a personal interest is also a conflict of interest under state law, the provisions of the state law take precedence over the provisions of this chapter.