For the purpose of this chapter, the following words
and phrases shall have the meaning respectively ascribed to them by this section:
ANYTHING OF SUBSTANTIAL VALUE
Any money or property, favor, service, payment, advance, forbearance,
loan, or promise of future benefit with a value in excess of $100, but does
not include compensation and expenses paid by the Village, fees and expenses
which are permitted under § 19.56, Wis. Stats., political contributions
which are reported under Ch. 11, Wis. Stats., or hospitality extended for
a purpose unrelated to Village business by a person other than an organization.
ASSOCIATED
When used with reference to an organization, includes any organization
in which an individual or a member of his immediate family is a director,
officer, or trustee, or owns or controls, directly or indirectly, and severally
or in the aggregate, at least 10% of the outstanding equity.
CANDIDATE FOR VILLAGE OFFICE
Any individual who files nomination papers and a declaration of candidacy
for Village office, for the purpose of appearing on the ballot for election
to a Village office, or any individual appearing on the ballot for election
to a Village office through the write-in process.
IMMEDIATE FAMILY
An individual's spouse and an individual's relative by
marriage, lineal descent or adoption who receives, directly or indirectly,
more than half of his support from the individual or from whom the individual
receives, directly or indirectly, more than half of his support.
INCOME
The meaning given under § 61 of the Internal Revenue Code.
ORGANIZATION
Any corporation, partnership, proprietorship, firm, enterprise, franchise,
association, trust or other legal entity other than an individual or body
politic.
PUBLIC OFFICIAL
Any elected Village official, candidate for Village elective office,
appointed member of a Village board or committee, appointed official, and
any Village employee.
SECURITY
The meaning given under § 551.02(13), Wis. Stats., except
that the term does not include a certificate of deposit or a deposit in a
mutual savings and loan association, mutual savings bank, credit union, or
similar association organized under the laws of any state.