{"data":{"id":"us/25-cfr-502.17","jurisdiction":"us","citation":"25 CFR 502.17","heading":"Person having a direct or indirect financial interest in a management contract.","body":"Person having a direct or indirect financial interest in a management contract means:\n(a) When a person is a party to a management contract, any person having a direct financial interest in such management contract;\n(b) When a trust is a party to a management contract, any beneficiary or trustee;\n(c) When a partnership is a party to a management contract, any partner;\n(d) When a corporation is a party to a management contract, any person who is a director or who holds at least 5% of the issued and outstanding stock alone or in combination with another stockholder who is a spouse, parent, child or sibling when the corporation is publicly traded or the top ten (10) shareholders for a privately held corporation;\n(e) When an entity other than a natural person has an interest in a trust, partnership or corporation that has an interest in a management contract, all parties of that entity are deemed to be persons having a direct financial interest in a management contract; or\n(f) Any person or entity who will receive a portion of the direct or indirect interest of any person or entity listed above through attribution, grant, pledge, or gift.","path":["Title 25—Indians","CHAPTER III—NATIONAL INDIAN GAMING COMMISSION, DEPARTMENT OF THE INTERIOR","SUBCHAPTER A—GENERAL PROVISIONS","PART 502—DEFINITIONS OF THIS CHAPTER"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-25.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:59Z","sha256":"dcf96c77a967b0ef68aabfef4706dc2e166cba93a8b5098eb19ad6bd33ba0741","source_id":"us-cfr","stale":true,"prev":"us/25-cfr-502.16","next":"us/25-cfr-502.18"},"notice":"GroundRules: Original legal text. Not legal advice."}