Nevada Revised Statutes 281.571 – Contents
Each financial disclosure statement must contain the following information concerning the public officer or candidate:
Terms Used In Nevada Revised Statutes 281.571
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Donor: The person who makes a gift.
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
- Public officer: means a person elected or appointed to a position which:
(a) Is established by the Constitution or a statute of this State, or by a charter or ordinance of a political subdivision of this State; and
(b) Involves the continuous exercise, as part of the regular and permanent administration of the government, of a public power, trust or duty. See Nevada Revised Statutes 281.005
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- Trustee: A person or institution holding and administering property in trust.
1. The public officer’s or candidate’s length of residence in the State of Nevada and the district in which the public officer or candidate is registered to vote.
2. Each source of the public officer’s or candidate’s income, or that of any member of the public officer’s or candidate’s household who is 18 years of age or older. No listing of individual clients, customers or patients is required, but if that is the case, a general source such as ‘professional services’ must be disclosed.
3. A list of the specific location and particular use of real estate, other than a personal residence:
(a) In which the public officer or candidate or a member of the public officer’s or candidate’s household has a legal or beneficial interest;
(b) Whose fair market value is $2,500 or more; and
(c) That is located in this State or an adjacent state.
4. The name of each creditor to whom the public officer or candidate or a member of the public officer’s or candidate’s household owes $5,000 or more, except for:
(a) A debt secured by a mortgage or deed of trust of real property which is not required to be listed pursuant to subsection 3; and
(b) A debt for which a security interest in a motor vehicle for personal use was retained by the seller.
5. If the public officer or candidate has undertaken or attended any educational or informational meetings, events or trips during the immediately preceding calendar year or other period for which the public officer or candidate is filing the financial disclosure statement, a list of all such meetings, events or trips, including:
(a) The purpose and location of the meeting, event or trip and the name of the organization conducting, sponsoring, hosting or requesting the meeting, event or trip;
(b) The identity of each interested person providing anything of value to the public officer or candidate or a member of the public officer’s or candidate’s household to undertake or attend the meeting, event or trip; and
(c) The aggregate value of everything provided by those interested persons to the public officer or candidate or a member of the public officer’s or candidate’s household to undertake or attend the meeting, event or trip.
6. If the public officer or candidate has received any gifts in excess of an aggregate value of $200 from a donor during the immediately preceding calendar year or other period for which the public officer or candidate is filing the financial disclosure statement, a list of all such gifts, including the identity of the donor and the value of each gift.
7. A list of each business entity with which the public officer or candidate or a member of the public officer’s or candidate’s household is involved as a trustee, beneficiary of a trust, director, officer, owner in whole or in part, limited or general partner, or holder of a class of stock or security representing 1 percent or more of the total outstanding stock or securities issued by the business entity.
8. A list of all public offices presently held by the public officer or candidate for which this financial disclosure statement is required.