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DEFINITIONS
"Blind Trust" means a trust established by a state officer or state employee or the individual's spouse for the purpose of divestiture of all control and knowledge of assets. K.A.R. 19-41-1.
"Business" means any corporation, association, partnership, proprietorship, trust, joint venture, or a governmental agency unit, or a governmental subdivision and every other business interest, including ownership or use of land for income. K.S.A. 46-230.
"Combination of businesses" means any two or more businesses owned or controlled directly by the same interests. K.A.R. 19-41-1.
"Compensation" means any money, thing of value, or economic benefit conferred on, or received by, any person in return for services rendered, or to be rendered, by such person or another. K.S.A. 46-215.
"Description of interests" means the type of ownership interest held, including common stock, preferred stock, stock option and limited partnership. K.A.R. 19-41-1.
"Equitable interest" means an actual beneficial ownership, though legal title may not be shown on public, partnership or corporate records. K.A.R. 19-41-1.
"Gift" means the transfer of money or anything of value unless legal consideration of a reasonably equal or greater value is received in return. K.A.R. 19-40-3a(b).
"Other business interest" means any endeavor which produces income, including appraisals, consulting, authorships, inventing or the sale of goods and services. It is unnecessary, for the purposes of this definition, that the interest have a formal business name or formal business structure. K.A.R. 19-41-1.
"Ownership interest" means a legal or equitable interest in any business or combination of businesses. K.A.R. 19-41-1.
"Person" means an individual, proprietorship, partnership, limited partnership, association, trust, estate, business trust, group, or corporation, whether or not operated for profit, or a governmental agency unit, or subdivision. K.S.A. 46-223.
"Trust" means a trust in which any state officer or employee or the individual's spouse has a present or future interest which exceeds five per cent of the value of the trust or exceeds five thousand dollars, whichever is less, but does not include blind trusts. K.A.R. 19-41-1.
"Type of business" means the nature of the business activity in which the entity engages, including construction, retailing and manufacturing. K.A.R. 19-41-1.