California Government Code

§ 87103

GOV § 87103 Effective Jan 1, 2022Title 9 · Ch. 7 · Art. 1

Statute text

A public official has a financial interest in a decision within the meaning of Section 87100 if it is reasonably foreseeable that the decision will have a material financial effect, distinguishable from its effect on the public generally, on the official, a member of the official’s immediate family, or on any of the following:

(a)Any business entity in which the public official has a direct or indirect investment worth two thousand dollars ($2,000) or more.

(b)Any real property in which the public official has a direct or indirect interest worth two thousand dollars ($2,000) or more.

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Legislative history

Amended by Stats. 2021, Ch. 50, Sec. 195. (AB 378) Effective January 1, 2022. Note: This section was added on June 4, 1974, by initiative Prop. 9.