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SOUTH DAKOTA STATUTES AND CODES

Section 3-1A-1 - Definition of terms.

3-1A-1. Definition of terms. Terms used in this chapter mean:
(1) "Any member of his or her 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 this chapter, contributes either more than ten percent of or more than two thousand dollars, to the gross income of the family which includes the individual required to file the statement and any member of his or her immediate family, or an enterprise in which the individual or any member of his or her 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; SL 2010, ch 19, § 2.

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