# § 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.

## § 2-16 “Financial interest”.

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*