§ 7-6-105. Interests attributable to individual making statement.

(a) Real property and business entity interests. The following are deemed to be interests of the individual under § 7-6-104(b), (c), and (d):

(1) an interest held by a spouse or a child of the individual, if the interest was controlled, directly or indirectly, by the individual at any time during the applicable period;

(2) an interest held by a business entity in which the individual held a 30% or greater interest at any time during the applicable period; and

(3) an interest held by a trust or an estate in which, at any time during the applicable period, the individual held a reversionary interest, was a beneficiary, or was a settlor of a revocable trust.

(b) Limitation. Subsection (a)(2) does not affect:

(1) the requirement under § 7-6-104(b) of disclosure of real estate interests held in the name of a partnership or limited liability entity in which the individual holds an interest; and

(2) the requirement under § 7-6-104(c) of disclosure of all partnerships, limited liability partnerships, or limited liability companies in which the employee holds an interest.

(1985 Code, Art. 9, § 6-105) (Bill No. 95-94; Bill No. 38-03; Bill No. 80-18)

State Code reference – General Provisions Article, § 5-608.