Vermont Statutes

§ 1201 — Definitions

Vermont·Title 3 Title 3: Executive·Ch. 31 Chapter 031: Governmental Ethics

As used in this chapter:

(1)“Candidate” and “candidate’s committee” have the same meanings as in 17 V.S.A. § 2901.
(2)“Commission” means the State Ethics Commission established under subchapter 3 of this chapter.
(3)“Commercially reasonable loan made in the ordinary course of business” means a loan made:
(A)in the usual manner on any recognized market;
(B)at the price current in any recognized market at the time of making the loan; or
(C)otherwise in conformity with reasonable commercial practices among lenders typically dealing in the type of loan made.
(4)“Confidential information” means information that is exempt from public inspection and copying under 1 V.S.A. § 315 et seq. or is otherwise designated by law as confidential.
(5)“Conflict of interest” means a direct or indirect

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