Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 19A. State Ethics Commission |
Subtitle 02. CONFLICTS OF INTEREST |
Chapter 19A.02.02. Exception to Financial Interest Prohibition |
Sec. 19a.02.02.02. Prohibition Against Holding of Private Financial Interests
Latest version.
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Except as provided in Regulation .03 of this chapter, an official or employee may not hold a financial interest in an entity that:
A. Is subject to the authority of:
(1) The official or employee; or
(2) The government unit with which the official or employee is affiliated; or
B. Is negotiating or has entered a contract with the governmental unit with which the official or employee is affiliated.