April 9, 1985
Original Number: 124
Original Date of Issue: April 9, 1985
At its meeting of April 4, 1985, the Board of Trustees adopted the
following Conflict of Interest Policy:
- No trustee or employee shall vote upon, negotiate, ratify, or execute
any contract for or on behalf of the College in which his/her judgment or
loyalty to the College might reasonably be subject to question by reason of
his/her personal financial interest or that of his/her spouse or child or
of any business in which the trustee or employee or his/her spouse or child
is a director, officer, partner, owner, or other principal;
- No trustee or employee, nor his/her spouse or child, nor any business
in which the trustee or employee or his/her spouse or child is a director,
officer, partner, owner or other principal shall enter into any contract
(other than one pertaining to the terms of his/her employment) with the
College unless the contract has-been awarded though an open, public and
competitive (where appropriate) process--and then only after full disclosure
of such interest;
- No trustee or employee shall accept a gift or thing of greater than
minimal value in any form, unless consideration of equal or greater value
is provided, from any person (including students or persons acting for or on
behalf of students) or entity having any business, association, or
relationship with the College.