Section 22-11-5.1 - Restrictions on receipt of gifts; restriction on campaign contributions; required reporting.
22-11-5.1. Restrictions on receipt of gifts; restriction on campaign contributions; required reporting.
A. Except for gifts of food or beverage given in a place of public accommodation, consumed at the time of receipt, not exceeding fifty dollars ($50.00) for a single gift and the aggregate value of which gifts may not exceed one hundred fifty dollars ($150) in a calendar year, neither a board member nor an employee of the board shall receive or accept anything of value directly or indirectly from a person who:
(1) has a current contract with the retirement board or association;
(2) is a potential bidder, offeror or contractor for the provision of services or personal property to the retirement board or association;
(3) is authorized to invest public funds pursuant to state or federal law or is an employee or agent of such a person; or
(4) is an organization, association or other entity having a membership that includes persons described in Paragraphs (1) through (3) of this subsection.