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Home Got a question? Try Ask the MMA What qualifies as “substantial value” for the purposes of the conflict-of-interest law?

What qualifies as “substantial value” for the purposes of the conflict-of-interest law?

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November 02, 2009

Q: What qualifies as “substantial value” for the purposes of the conflict-of-interest law?

A:
The Ethics Commission is required to adopt regulations that define the term “substantial value.” The law unequivocally states that “substantial value” shall not be less than $50.