§ 41-9-2 - Financial disclosure by promoter. - Rhode Island Statutes

SECTION 41-9-2

   § 41-9-2  Financial disclosure by promoter.– (a) By the first Monday in August prior to the general election at which thequestion of the establishment or extension of any gambling activity or facilityis presented to the electorate, all persons and/or corporations promoting orhaving an interest of five percent (5%) or greater in the activity or facilityshall file with the ethics commission the financial statement provided by thecommission which shall conform with the requirements of § 36-14-16. If theperson and/or corporation acquire an interest of five percent (5%) or greaterafter the first Monday in August, that person and/or corporation shall file thefinancial statement within seven (7) days after acquiring such interest.

   (b) The duty to file the financial statement shall be acontinuing duty and shall be required of any and all persons and/orcorporations who have or will have an interest of five percent (5%) or greaterin an activity and/or facility.