View all text of Part A [§ 9041 - § 9063]
§ 9054. Conflicts of interest
(a) DefinitionsIn this section:
(1) Controlling interest
(2) Covered entity
(3) Covered individualThe term “covered individual” means—
(A) the President, the Vice President, the head of an Executive department, or a Member of Congress; and
(B) the spouse, child, son-in-law, or daughter-in-law, as determined under applicable common law, of an individual described in subparagraph (A).
(4) Executive department
(5) Member of Congress
(6) Equity interestThe term “equity interest” means—
(A) a share in an entity, without regard to whether the share is—
(i) transferable; or
(ii) classified as stock or anything similar;
(B) a capital or profit interest in a limited liability company or partnership; or
(C) a warrant or right, other than a right to convert, to purchase, sell, or subscribe to a share or interest described in subparagraph (A) or (B), respectively.
(b) Prohibition
(c) Requirement
(Pub. L. 116–136, div. A, title IV, § 4019, Mar. 27, 2020, 134 Stat. 485.)