Remote interest definition

Remote interest means the interest of:

Remote interest means any interest not defined as a "substantial interest" under the terms of this Code.

Remote interest means an interest of a board member in a contract that is of: (i) a non-salaried officer of a non-profit corporation; (ii) an employee or agent of a contracting party where the compensation of such employee or agent consists entirely of fixed wages or salary; (iii) a landlord or tenant of a contracting party; or (iv) a holder of less than one percent (1%) of the shares of a corporation or cooperative which is a contracting party.

Examples of Remote interest in a sentence

• Remote interest as used herein means the interest of (1) a volunteer director, officer, or employee of a nonprofit corporation; (2) a holder of less than 5 percent of the legal or beneficial ownership of the total shares of a business; (3) any person in a representative capacity, such as a receiver, trustee, or administrator.

• Remote interest means an interest of a person or entity, including a city official, who would be affected in the same way as the general public.

• Remote interest as used herein means the interest of (1) a volunteer director, officer, or employee of a nonprofit corporation; (2) a holder of less than 5 percent of the legal or beneficial ownership of the total shares of a business;(3) any person in a representative capacity, such as a receiver, trustee, or administrator.

• Remote interest as used herein means the interest of (1) a volunteer director, officer, or employee of a nonprofit corporation; (2) a holder of less than 5 percent of the legal or beneficial ownership of the total shares of a business.

More Definitions of Remote interest

Remote interest means the following:2

Remote interest means an interest of a person or entity, including a City Official, which would be affected in the same way as the general public. For example, City utility charges or a comprehensive zoning ordinance or similar matter is deemed remote to the extent that the Official would be affected in common with the general public.

Remote interest means an interest of a person or entity, including an Officer or

Remote interest means an interest of a person or entity, including a city official, which would be affected in the same way as the general public. For example, the interest of an official in the property tax rate, general city fees, city utility charges or a comprehensive zoning ordinance or similar matters is deemed remote to the extent that the official would be affected in common with the general public.

Remote interest means an interest of a person or entity, including a city official who would be affected in the same way as thegeneral public. For example, the interest of a council member in the property tax rate ("Millage"), in general city fees, in city utility charges, or a comprehensive zoning ordinance or similar decisions incidental to the extent that the council member would be affected in common with the general public.

Remote interest means an interest of a person or entity, including a county official, which would be affected in the same way as the general public. For example, the interest of an official in the property tax rate, general county fees, county utility charges or a comprehensive zoning ordinance or similar matters is deemed remote to the extent that the official would be affected in common with the general public.

Remote interest means an interest arising solely from: