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CONFLICT OF INTEREST/BOARD OF TRUSTEES | No. 3-36a | Rev. |
| Date: 9-1-94 | |||
I. PURPOSE
A. To establish a procedure for declaring conflicts of interest for members of the
Weber State University Board of Trustees.
B. To provide guidelines consistent with the Utah Public Officers' and Employees'
Ethics Act without exempting covered individuals from coverage under the provisions of the
Act.
C. To insure Board of Trustee decisions are made solely on the basis of a desire to
promote the best interests of Weber State University and to further the public good.
II. REFERENCES
67-16-1 et seq., Utah Code Annotated (1953)
Utah Public Officers' and Employees' Ethics Act
III. DEFINITIONS
A. "Trustee" means a member of the Weber State University Board of Trustees.
B. "Substantial interest" means the ownership, either legally or equitably,
by an individual, his spouse or his minor children, of at least 10% of the outstanding
capital stock of a corporation or a 10% interest in any other business entity.
"Substantial interest" also means personal, family-related or business
relationships that could be construed to affect Board members' responsibilities.
C. "Improper disclosure" means disclosure of confidential information to any
person who does not have both the right and the need to receive the information.
D. "Compensation" means anything of economic value, however designated, which
is paid, loaned, granted, given, donated or transferred to any person or business entity
in which a Board member has a substantial interest.
IV. POLICY
A. Trustees shall not:
1. Engage in improper disclosure of confidential information gained as members of the
Board of Trustees.
2. Use or attempt to use their official positions to secure special privileges or
exemptions for themselves or others.
3. Allow other employment or interests to impair their independence of judgment in the
performance of their duties as Board members.
4. Allow other employment or interests to interfere with the ethical performance of
their duties.
5. Accept compensation from any source if such acceptance tends to influence their
official duties.
B. Trustees shall annually submit a Conflict of Interest form declaring substantial
interests they maintain with organizations that do business with the University which
could be construed to potentially affect their independence and unbiased judgment relating
to their duties as Board members.
C. Trustees may ask for consultation with the University Legal Counsel, Executive
Committee, the president, or the Board of Trustees if they are uncertain as to the
appropriateness of listing a particular relationship on the Conflict of Interest form.
D. Trustees who have declared or been found to have conflicts of interest shall refrain
from participating in discussion, voting or being physically present during Board business
that is impacted by a conflict of interest.
E. In addition, Trustees shall be subject to the Utah Public Officers' and Employees' Ethics Act referred to above.