§ 2-16 “Financial interest”.

Current through 2026-07-17. Source: City of Balt., Md., Ord. 26-129. Published by the Baltimore City Department of Legislative Reference.

Balt., Md., Code art. 8, § 2-16 (2026)

“Financial interest” means ownership of:

(1)

more than 3% of a business entity;

(2)

securities of any kind that represent or are convertible into ownership of more than 3% of a business entity; or

(3)

any interest as the result of which the owner:

(i)

received more than $1,000 in any 1 of the preceding 3 calendar years; or

(ii)

is entitled to receive more than $1,000 in the current or any subsequent calendar year.

History: Ord. 04-795