Section 12-25-27 - Candidates' financial statements--Definition of terms. - South Dakota Statutes

12-25-27. Candidates' financial statements--Definition of terms. Terms as used in §§ 12-25-27 to 12-25-31, inclusive, unless the context otherwise requires, mean:
(1) "Any member of his immediate family," a spouse or minor children living at home;
(2) "Close economic interest," any enterprise that, in the calendar year preceding filing of a statement under any of §§ 12-25-28 to 12-25-30, inclusive, contributes either more than ten percent of or more than two thousand dollars, to the gross income of the family which shall include the individual required to file the statement and any member of his immediate family, or an enterprise in which such individual or any member of his immediate family control more than ten percent of the capital or stock;
(3) "Enterprise," any business or economic relationship;
(4) "Statement of financial interest," a description of the type of financial activity and the nature of the association with the enterprise as provided in subdivision (1) of this section.

Source: SL 1974, ch 121, § 1.