Title
Annual Review of Conflicts of Interest Certification and Disclosure Forms from Directors - D Ballard
Other Info
Submitted By: Susanne Greenseth on behalf of Don Ballard
Department: General Counsel
Financial Impact and Cost/Benefit Considerations:
Discussion
Every year, the newly elected directors and other board directors are required to disclose any conflicts of interest, affirm the directors’ code of conduct, and complete the director affirmation outlining bylaws’ requirements and briefly outlined below:
1. Conflict of Interest Policy, ARTICLE 5, Procedure Responsibilities, Section 5.4 Each Official must annually complete and sign the Conflict of Interest Certification and Disclosure Form attached to this Policy and deliver the completed and signed Form to the President or their designee.
2. Directors’ Code of Conduct Policy, ARTICLE VIII, Policy Implementation and Responsibility, Section 1, All Directors and candidates, nominees, or appointees to the Board shall receive a copy of this Code and attest to having received and understanding it by executing the attached Affirmation and returning it to the Governance Manager.
3. Director Affirmation, Bylaws ARTICLE III, Section 2, Qualifications and Terms of Directors, of the Bylaws of the Cooperative.