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Ethics: Arkansas' Conflict of Interest Definition

This page is intended to provide general information and does not necessarily address all aspects of this topic.  Because the facts of each situation may vary, this information may need to be supplemented by consulting legal advisors.  It reflects in summary form statutes/constitutional provisions/legislative chamber rules in effect as of 5/31/2008 or statutes set to take effect shortly thereafter.

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Arkansas' Policy

Statutory Reference

Title 21  Public Officers and Employees   Chapter 8  Ethics and Conflicts of Interest   Subchapter 8  -- Disclosure by State and Local Officials -- Conflict of Interest § 21-8-803.  Reporting of potential conflicts. (a) A legislator who is required to take an action in the discharge of his or her official duties that may affect his or her financial interest or cause financial benefit or detriment to him, or a business in which he or she is an officer, director, stockholder owning more than ten percent (10%) of the stock of the company, owner, trustee, partner, or employee, which is distinguishable from the effects of the action on the public generally or a broad segment of the public, shall:    (1) Prepare a written statement describing the matter requiring action and stating the potential conflict; and    (2)  (A) Deliver a copy of the statement to the appropriate official to be filed with the statement of financial interest.       (B) The copy of the statement may be delivered in person by the public official, by mail, or by a person authorized by the public official to deliver the copy. (b) The obligation to report a potential conflict of interest under this section arises as soon as the legislator is aware of the conflict. (c) If the statement of financial interest filed by the legislator makes the conflict readily apparent, then no report need be filed.

Ark. Code Ann. § 21-8-803 (2008).

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Center for Ethics in Government