Title
Resolution - Approval of Directors’ Code of Conduct Policy - J Rickman/M Butler
Other Info
Submitted By: Julie Rickman
Department: Compliance & Regulatory
Financial Impact and Cost/Benefit Considerations: N/A
Discussion
Pursuant to the Board’s Policy on Policies, the Board of Directors (“Board”) routinely reviews all Board policies as part of its policy management. Under the Board’s approved review schedule, the Board may now consider review of the Directors’ Code of Conduct (“Policy”).
This Policy was adopted to set forth the legal duties of each Director and to establish the standards of conduct for which they will be held accountable when serving on the Board.
Body
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE COOPERATIVE that pursuant to its regular review of Board policies, the Board has reviewed and adopts the Directors’ Code of Conduct, with such changes, if any, as were approved by the Board; and
BE IT FURTHER RESOLVED that the Chief Executive Officer, or designee, is hereby authorized to take all such actions as may be necessary to implement this resolution.