New Hampshire § 14-C:4-d Facts and Circumstances Tending to Show Substantial Influence

New Hampshire Statutes

§ 14-C:4-d — Facts and Circumstances Tending to Show Substantial Influence

New Hampshire·Title I THE STATE AND ITS GOVERNMENT·Ch. 14-C GIFTS, HONORARIUMS, AND EXPENSE REIMBURSEMENTS REQUIREMENTS FOR LEGISLATORS AND LEGISLATIVE EMPLOYEES AND CONFLICTS OF INTEREST FOR LEGISLATORS

Whether a person holds a position to exercise substantial influence over the affairs of the organization shall be determined based on the totality of the circumstances. Facts and circumstances tending to show that a person has substantial influence over the affairs of an organization include, but are not limited to, the following:

I.The person founded the organization;

II.The person is a substantial contributor to the organization;

III.The person's compensation is primarily based on revenues derived from activities of the organization, or of a particular department or function of the organization, that the person controls;

IV.The person has or shares authority to control or determine a substantial portion of the organization's capital expenditures, operating budget, or compensation for

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Whether a person holds a position to exercise substantial influence over the affairs of the organization shall be determined based on the totality of the circumstances. Facts and circumstances tending to show that a person has substantial influence over the affairs of an organization include, but are not limited to, the following:
I. The person founded the organization;
II. The person is a substantial contributor to the organization;
III. The person's compensation is primarily based on revenues derived from activities of the organization, or of a particular department or function of the organization, that the person controls;
IV. The person has or shares authority to control or determine a substantial portion of the organization's capital expenditures, operating budget, or compensation for employees;
V. The person manages a discrete segment or activity of the organization that represents a substantial portion of the activities, assets, income, or expenses of the organization, as compared to the organization as a whole; or
VI. The person owns a controlling interest (measured by either vote or value) in a corporation, partnership, or trust or other entity.

New Hampshire § 14-C:4-d (Facts and Circumstances Tending to Show Substantial Influence) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.