cotrtfucT oF

YeUnan v. Naumann. 1 6 tuiz. App. 314, 317, 492 P.Zd 1252, 1255 (1972), quoting United Stafes v. Mrbsissrppi Valley Generating Campany,364 U.S. 520, t49, 81 S.Ct. 294,309 (1961).

The Court went on to describe tre term, "substanfal interesf, as 'a pecuniary or proprielary interest by which a person will gain or lose something as contrasted to general sympathy, feeling or bias". ld. at 317 . Read within fie ccntext of the Court s discussion of the purpose of the statute and earlier Arizona Supreme Cou;'t Cecisions, the description o{ "substantial interesf'given in Yatman must be understood to mean an interest by which a proprietary or pecuniary gain comes rather than the gain itself. See Bushnell v. Supeior Cwd, 1 02 Ariz. 309, 3'l 1, 428 P.zd 9{37 (1 g6Txdisi,nguishing between an 'interesf and a "reward" as used in the conflict of interest statutes applicable trc fre Director of the Department of lnsurance, and citing Sfafe v. Bahanan, supra, for the proposition that a'a conflici of interest is not prectuded because of a lack of evil motive or penional gain'). To protectthe public frorn conduct of a public officeror employee which may be detrirnenial to the inierests of the public, ihe Attomey General has observed:

'lt is necessary to give the term 'substantial interest'a

bnoad

encompassing definition, thereby raquiring a public officer or employee to disdose any interest which possibly rnay be a factor influencing him and refrain trom ading as such ofiicer or employee with regard to any matter in which he may have such an interest
1970 Ariz. Atty Gen. Op. 70-05 at 1&17.

The Attomey Generalthus interpreted 'substaniial interesf 1o encompass all other possible relationships or fas'tral situations" other than those specifically identified as "remote interests." id. Accordingly, tre Attomey General held that a county supervisor who owned substantial stock in a company which did business on one occasion wilh anofier company. which in furn transacted business with the county, had a'substantial interesf in the business transacted with the munFy. Id. "To find otherwise v,rould negate the term 'indirec{ in the definition of "substaniial interest" and lessen the effect of [the statute]." /d. ln severat other cases as well the Attomey General has found a "substantial interest'even though the connection between the public employee and the interest was indirect. See 1983 Ariz Atfy Gen- Op. 183-11 1 at75 (school District employees who are also employees of a private non-profit educational business must disciose a confiict of interest when presented with an opportunity to participate in any decision affecting