Montana Statutes

§ 2-2-102 — Definitions

Montana·Title 2 GOVERNMENT STRUCTURE AND ADMINISTRATION·Ch. 2 STANDARDS OF CONDUCT·Part 1 Code of Ethics

2-2-102 . Definitions. As used in this part, the following definitions apply:

(1)"Business" includes a corporation, partnership, sole proprietorship, trust or foundation, or any other individual or organization carrying on a business, whether or not operated for profit.
(2)"Compensation" means any money or economic benefit conferred on or received by any person in return for services rendered or to be rendered by the person or another.
(3)(a) "Gift of substantial value" means a gift with a value of $100 or more for an individual.
(b)The term does not include:
(i)a gift that is not used and that, within 30 days after receipt, is returned to the donor or delivered to a charitable organization or the state and that is not claimed as a charitable contribution for federal income tax purpos

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Legislative History

En. 59-1702 by Sec. 2, Ch. 569, L. 1977; R.C.M. 1947, 59-1702; amd. Sec. 3, Ch. 18, L. 1995; amd. Sec. 1, Ch. 562, L. 1995; amd. Sec. 1, Ch. 122, L. 2001; amd. Sec. 1, Ch. 77, L. 2009; amd. Sec. 2, Ch. 156, L. 2019; amd. Sec. 1, Ch. 440, L. 2023; amd. Sec. 2, Ch. 559, L. 2023.

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