CWU BOARD OF TRUSTEES CWUP 1-50-030 Draft Trustee Conflict of Interest Standards Policy February 9, 2018
The following standards apply to each member of the Board of Trustees of Central Washington University.
(a) Fiduciary Responsibilities. Members of the Board serve the public trust and are obliged to fulfill their responsibilities in a manner consistent with this fact. All decisions are to be made solely on the basis of a desire to promote the best interests of Central Washington University and the public good. The university’s integrity must be considered and advanced at all times. Trustees are often involved in the affairs of other institutions, businesses, and organizations. An effective Board may not always consist of individuals entirely free from perceived, potential, or real conflicts of interest. Although most such conflicts are and will be deemed to be inconsequential, it is every trustee’s responsibility to make the Board chair and staff aware of situations at CWU that may involve the trustee’s personal or business relationships. 1. Board disclosure of personal or business interests and relationships. Each trustee will disclose to the Board any personal or business relationship or interest that reasonably could give rise to a perceived, potential, or real conflict of interest. i. Public disclosure. Trustees are required by RCW 42.17.240 to file annual statements with the Public Disclosure Commission relating to business interests and receipt of gifts. 2. Disclosure of potential or real conflict of interest. In the event there comes before the Board a matter for consideration or decision that raises a potential or real conflict of interest for any trustee, the trustee shall disclose to the Chair of the Board the existence of (b) Affirmation and Disclosure. The Board requires each trustee annually to affirm adherence to the following standards:
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