1. (a) A regional center employee, contractor, agent or consultant shall not make, participate in making, or in any way attempt to use his or her position to influence a regional center decision in which he or she knows or has reason to know that he or she, or his or her family member, has a financial interest.

2. (b) Financial interest, as used in this section, includes any current or contingent ownership, equity, or security interest that could result directly or indirectly in receiving a pecuniary gain or sustaining a pecuniary loss as a result of the interest in any of the following:

   1. (1) business entity worth two thousand dollars ($2,000) or more.
   2. (2) real or personal property worth two thousand dollars ($2,000) or more in fair market value.
   3. (3) stocks or bonds worth two thousand dollars ($2,000) or more.
   4. (4) intellectual property rights worth five hundred dollars ($500) or more.
   5. (5) sources of gross income aggregating five hundred dollars ($500) or more within prior 12 months,
   6. (6) future interests for compensation of five hundred dollars ($500) or more.
   7. (7) personal finances of two hundred fifty dollars ($250) or more.

Note: Authority cited: Sections 4626 and 4627, Welfare and Institutions Code. Reference: Sections 4622, 4626 and 4627, Welfare and Institutions Code; and Section 87103, Government Code.

History

1. New section filed 1-28-2014; operative 1-28-2014 pursuant to Government Code section 11343.4(b)(3) (Register 2014, No. 5). For prior history, see Register 2013, No. 32.