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Can I collect financial information from participants in Delaware? What are the requirements?
Requirements for Collecting Financial Information from Participants in Delaware
Based on the provided context documents, it appears that there are certain requirements for collecting financial information from participants in Delaware.
According to [2.1], every public officer in Delaware is required to electronically file a report disclosing financial interests. The report must include information such as the name and position of the public officer, the name and nature of ownership of any business enterprise in which legal or equitable ownership is in excess of $5,000 fair market value or from which income of more than $5,000 was either derived during the preceding calendar year or might reasonably be expected to be derived during the current calendar year, and the source of any income, capital gain, reimbursement, honoraria, or gift with a value in excess of $250 received from any person.
It is unclear from the provided context documents whether these requirements apply to all individuals or only public officers. Therefore, it is recommended that you consult with a legal expert or the Delaware state government to determine the specific requirements for collecting financial information from participants in Delaware.
If you need further assistance, please let me know.
Source(s):
Jurisdiction
Delaware