Material financial interest definition

Material financial interest means a personal and pecuniary interest, direct or indirect, accruing to a public servant or spouse, either individually or in combination with each other. Notwithstanding the foregoing, the following shall not be deemed to be a material financial interest with respect to a business with which a public servant may be associated:
Material financial interest means a financial interest in a transaction that would reasonably be expected to impair the objectivity of the director’s judgment when participating in action on the authorization of the transaction.
Material financial interest means:

Examples of Material financial interest in a sentence

  • Material financial interest" means a financial interest in a transaction that would reasonably be expected to impair the objectivity of the director’s judgment when participating in action on the authorization of the transaction.[PL 2007, c.

  • Material financial interest includes ownership, substantial stock holding, a directorship, substantial honoraria or consulting fees, but does not include routine stock holding in a large publicly traded company.

  • Material financial interest is defined as direct or indirect ownership of more than five (5) percent of the total assets, capital stock, ownership, or voting interest of an entity.

  • Material financial interest is defined as direct or indirect ownership of more than five (5) percent of the total assets or capital stock of the business entity.

  • Material financial interest includes ownership, substantial stock holding, a directorship, significant honoraria or consulting fees but does not include routine stock holding in a large publicly traded company.


More Definitions of Material financial interest

Material financial interest means a direct or indirect financial or beneficial financial interest of any kind or an interest that results in or is reasonably expected to return or produce some monetary gain or other material thing of value for the person with the Material Financial Interest.
Material financial interest means any financial interest that may, or may appear to in the Group company’s opinion, influence your judgement.
Material financial interest means any financial interest in a legal entity engaged in business for profit which compromises more than five percent (5%) of the equity of the business or more than five percent (5%) of the assets of the economic interest in indebtedness.
Material financial interest means a financial interest in a transaction that would reasonably be
Material financial interest means a financial interest of any kind, which, in view of all the circumstances, is substantial enough that it would, or reasonably could, affect an Interested Person’s or Family Member's judgment with respect to transactions to which the entity is a party.
Material financial interest means a financial
Material financial interest means a vested interest of at least 10 percent of the fair market value of the property or an interest from which at least 10 percent of individual’s gross income is derived.