Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 19A. State Ethics Commission |
Subtitle 06. BLIND TRUSTS |
Chapter 19A.06.01. General Provisions |
Sec. 19a.06.01.02. Applicability and Definitions
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A. The regulations in this subtitle apply to an individual serving as an official or employee in State government, as defined in §G of this regulation.
B. In addition to
C-----H of this regulation, the definitions set forth in COMAR 19A.01.02.02 have the meanings indicated where they appear in this subtitle. C. "Certified blind trust" means a blind trust arrangement for the management of interests held by an official or employee that is determined by the Commission to meet the criteria for certification under COMAR 19A.06.02.
D. "Excepted blind trust" means a trust that is determined by the Commission to qualify for exception pursuant to COMAR 19A.06.02.05.
E. "Holding" includes shares of stock or similar securities or interests.
F. "Interested party" means an official or employee covered by these regulations, and a member of the official's or employee's household as defined in COMAR 19A.01.01.02R.
G. "Official or employee" includes State employees, public officials, and State officials, except State officials in the Legislative and Judicial branches of State government.
H. "Trustee" includes a financial institution or other qualifying entity named in a trust instrument and also any officer, director, or employee of the institution or entity.