Prohibited financial interest definition
Prohibited financial interest means any direct or indirect financial interest in any coal mining operation.
Prohibited financial interest means 1) an ownership interest of any amount or any nature in a for- profit Business Entity (including stock, stock options and partnership interests) but excluding an ownership interest in investment vehicles, such as mutual funds and retirement accounts, as long as the Representative (or his/her spouse, domestic partner or dependent child) does not directly control the investment decisions made in these vehicles; 2) royalties, fees or any other one time or periodic payment or the right to receive any such payment in the future under a patent or a copyright license, assignment or other agreement where the technology or copyrighted work which is the subject of the license or other agreement is directly and significantly related to Human Subjects Research; and 3) payments of any kind (for example, consulting fees, expense reimbursement, honoraria, gifts or in- kind compensation) from a for-profit entity that in the aggregate have, in the prior calendar year, exceeded $10,000 or are expected to exceed $10,000 in the next twelve months. Payments under a multi-year agreement with a for- profit entity which are expected to exceed $10,000 over the term of the agreement will constitute a Prohibited Financial Interest unless the agreement can be terminated at the election of the Representative not less frequently than every twelve (12) months, and the payments under the agreement do not otherwise constitute a Prohibited Financial Interest under Section 3 of this definition.
Prohibited financial interest means any direct or indi-
More Definitions of Prohibited financial interest
Prohibited financial interest means any direct or indirect financial interest in any coal mining operation. (History: 82-4-204, 82-4-205, MCA; IMP, 82- 4-254, MCA; NEW, 1980 MAR p. 725, Eff. 4/1/80; AMD, 1989 MAR p. 30, Eff. 1/13/89; TRANS, from DSL, 1996 MAR p. 3042.)