Section 3-23-2 - Circumstances under which state authority, board, or commission member derives direct benefit

3-23-2. Circumstances under which state authority, board, or commission member derives direct benefit.An elected or appointed member of a state authority, board, or commission derives a direct benefit from a contract if the member, the member's spouse, or any other person with whom the member lives or commingles assets:(1)Is a party to or intended beneficiary of the contract;(2)Has more than a five percent ownership interest in an entity that is a party to the contract;(3)Acquires property under the contract; or(4)Will receive from the contracting party compensation, commission, promotion, or other monetary benefit that is directly attributable to the contract. Source: SL 2016, ch 33, §2; SL 2017, ch 31, §3.