# COMAR Title 19A — State Ethics Commission

## Subtitle 02 — Conflicts of Interest

### Chapter 02 — Exception to Financial Interest Prohibition

#### Regulation .02 Prohibition Against Holding of Private Financial Interests.

*COMAR 19A.02.02.02*

Except as provided in Regulation .03 of this chapter, an official or employee may not hold a financial interest in an entity that:

A. Is subject to the authority of:

  (1) The official or employee; or

  (2) The government unit with which the official or employee is affiliated; or

B. Is negotiating or has entered a contract with the governmental unit with which the official or employee is affiliated.