CN 1993-225 (2) - Laserfiche WebLink

Ethics Commission Opinion No. 93 -225 Page 9 B. No public employee shall solicit or accept, directly or indirectly, anything of economic value as a gift or gratuity from any person or from any officer, director, agent, or employee of _ such person, if such public employee knows or reasonably should know that such person: (1) Conducts operations or activities which are regulated by the public employee's agency. (2) Has substantial economic interests which may be substantially affected by the performance or nonperformance of the public employee's official duty. Section 1111C(2)(d) prohibits public servants from receiving anything of economic value for services rendered to any person from whom the public servant would otherwise be proscribed from receiving a gift by virtue of Section 1115A(1) or B. If FAS has contractual or other business or financial relationships with TDVFD then, under those circumstances, and as Mr. Dyer would be proscribed from receiving a gift from FAS, he would likewise be prohibited by virtue of the application of 1111C(2)(d) from rendering services for compensation to FAS. Sections 1112B(2) and (3) of the Code prohibit public servants from participating in transactions in which certain categories of persons would otherwise have a substantial economic interest. By way of illustration, if Mr. Dyer owned a substantial economic interest in FAS, was an officer or director of FAS or an employee of FAS, then under those circumstances Sections 1112B(2) and (3) would prohibit Mr. Dyer from participating in any transaction in which FAS would have a substantial economic interest. "Participate" and "transaction involving the governmental entity" have been defined respectfully as follows: