For purposes of 7 AAC 145.533, a related party is
(1) a person with an immediate family relationship with an owner, director, or officer of the contracted target provider; for purposes of this paragraph, the following individuals have an immediate family relationship with an owner, director, or officer of the contracted target provider:
- (A) a spouse;
- (B) a natural parent, child, or sibling;
- (C) an adopted parent, child, or sibling;
- (D) a stepparent, stepchild, or stepsibling;
- (E) a father-in-law, mother-in-law, brother-in-law, son-in-law, sister-in-law, or daughter-in-law;
- (F) a grandparent or grandchild;
- (G) an uncle or aunt by blood or marriage;
- (H) a first cousin by blood or marriage;
- (I) a nephew or niece by blood or marriage;
- (2) a member of the target provider's board of directors or board of trustees;
- (3) a person or organization that is affiliated or associated with the target provider in a manner that permits either entity to exercise over the other, directly or indirectly, a degree of ownership, legal control, or practical influence beyond that which occurs in an arm's length transaction.
(Eff. 3/1/2011, Register 197; am 3/1/2018, Register 225)
Authority: AS 47.05.010, AS 47.07.030, AS 47.07.040, AS 47.07.045