Part 9 Subpart 9-2 Conflicts of Interest Involving the President or a Trustee

Sec. 9-205. Reporting of Conflict of Interest.

If a Trustee or the President of the University believes that he or she may have a conflict of interest (whether or not he or she believes the conflict of interest to be "substantial" and thus prohibited by applicable law and this subpart), he or she shall promptly and full disclose the conflict to the Chairperson of the Board of Trustees (or if the Chairperson of the Board of Trustees is the reporting individual, then to the Vice Chairperson of the Board of Trustees), and shall refrain from participating in any way as to the matter until the conflict issue has been resolved. The Chairperson (or Vice Chairperson) of the Board of Trustees shall consult with legal counsel regarding all conflict of interest matters reported under this subpart, and shall inform the Board of Trustees as to the resolution of such matters as have been reported to him or her.

Cross Reference:

Subpart 10-3. Conflicts of interest involving other officers and employees of the University.

Constitutional Reference:

Mich Const 1963, art iv, § 10

Statutory Reference:

MCL 15.301 et seq. (1968 PA 318, as amended)

Prior Board Action:

November 15, 1991.

May 10, 2002.

Entire Subpart 9-2 included in October 19, 2001 Codification, Phase I.

Entire Subpart 9-2 included in October 22, 2004 Codification, Phase II.