“Good faith” means a subjective state of mind or a set of circumstances involving an honest belief that is:

1. (a) Based upon reason and facts or allegations of fact; and
2. (b) Not formed to accomplish a violation of the law, to advance a malicious objective, or to advance an objective that is not allowed by law.

Source. #8941, eff 9-15-07, EXPIRED: 9-15-15 New. #11075, INTERIM, eff 4-18-16, EXPIRED: 10-15-16 New. #12010, eff 10-21-16