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§ 54522. Financial Interests in Decisions Creating a Conflict of Interest for Regional Center G...

17 CA ADC § 54522BARCLAYS OFFICIAL CALIFORNIA CODE OF REGULATIONS

Barclays Official California Code of Regulations Currentness
Title 17. Public Health
Division 2. Health and Welfare Agency - Department of Developmental Services Regulations
Chapter 3. Community Services
Subchapter 3. Regional Center Administrative Practices and Procedures
Article 1. Regional Center Conflict of Interest Standards and Procedures
17 CCR § 54522
§ 54522. Financial Interests in Decisions Creating a Conflict of Interest for Regional Center Governing Board Members and Executive Directors.
(a) A regional center governing board member or regional center executive director shall not make, participate in making, or in any way attempt to use his or her position to influence a regional center or board decision in which he or she knows or has reason to know that he or she or a family member has a financial interest.
(b) Financial interest, as used in this section, includes any current or contingent ownership, equity, or security interest that could result, directly or indirectly, in receiving a pecuniary gain or sustaining a pecuniary loss as a result of the interest in any of the following:
(1) business entity worth two thousand dollars ($2,000) or more.
(2) real or personal property worth two thousand dollars ($2,000) or more in fair market value.
(3) stocks or bonds worth two thousand dollars ($2,000) or more.
(4) intellectual property rights worth five hundred dollars ($500) or more.
(5) sources of gross income aggregating five hundred dollars ($500) or more within the prior 12 months.
(6) future interests for compensation of five hundred dollars ($500) or more.
(7) personal finances of two hundred fifty dollars ($250) or more.
Note: Authority cited: Sections 4626 and 4627, Welfare and Institutions Code. Reference: Sections 4622, 4626 and 4627, Welfare and Institutions Code; and Section 87103, Government Code.
HISTORY
1. Repealer and new section filed 12-29-86; effective thirtieth day thereafter (Register 87, No. 1).
2. Amendment of section filed as an emergency 6-17-93; operative 6-17-93. Submitted to OAL for printing only pursuant to SB485 (Chapter 722, Statutes of 1992) Section 147(a) (Register 93, No. 26).
3. Certificate of Compliance as to 6-17-93 order transmitted to OAL 6-20-94 and filed 8-2-94 (Register 94, No. 31).
4. Repealer and new section heading and section filed 8-15-2012 as a deemed emergency pursuant to Welfare and Institutions Code section 4627(d); operative 8-15-2012 (Register 2012, No. 33). A Certificate of Compliance must be transmitted to OAL by 2-11-2013 or emergency language will be repealed by operation of law on the following day.
5. Repealer and new section heading and section refiled 2-7-2013 as a deemed emergency pursuant to Welfare and Institutions Code section 4627(d); operative 2-7-2013 (Register 2013, No. 6). A Certificate of Compliance must be transmitted to OAL by 5-9-2013 or emergency language will be repealed by operation of law on the following day.
6. Repealer and new section heading and section refiled 5-6-2013 as a deemed emergency pursuant to Welfare and Institutions Code section 4627(d); operative 5-6-2013 (Register 2013, No. 19). A Certificate of Compliance must be transmitted to OAL by 8-5-2013 or emergency language will be repealed by operation of law on the following day.
7. Reinstatement of section as it existed prior to 8-15-2012 emergency amendment by operation of Government Code section 11346.1(f) (Register 2013, No. 32).
8. Repealer and new section heading, section and Note filed 1-28-2014; operative 1-28-2014 pursuant to Government Code section 11343.4(b)(3) (Register 2014, No. 5).
This database is current through 6/17/22 Register 2022, No. 24
17 CCR § 54522, 17 CA ADC § 54522
End of Document