22 May 2012

Conflict of Interest

Faculty and staff members of the University shall exercise the utmost good faith in all transactions touching upon their duties to the University and its property. In their dealings with and on behalf of the University, they shall be held to a strict rule of honest and fair dealings between themselves and the University. They shall not use their positions, nor knowledge gained therefrom, in such a way that a conflict of interest might arise between the interest of the University and that of the individual. Faculty members shall disclose to the Associate Dean any potential conflict of interest of which they are aware before a contract or transaction is consummated.


University tangible assets, equipment, supplies, and services may not be used by employees for personal gain, or for purposes outside the scope of their employment. The first responsibility for adherence to this policy lies with the faculty or staff member(s) directly involved. If there is reason to believe that this policy is not being adhered to, the matter should be reported to the faculty or staff member's administrative head for investigation and resolution. If the matter cannot be resolved at that level, it should be referred to the next higher administrative level for resolution.

Faculty should be aware of and comply with the University Policies RA05, "Significant Financial Interest Disclosure for Sponsored Projects Investigators", RA12 "Technology Transfer and Entrepreneurial Activity", and HR91 "Conflict of Interest." 

FACULTY HANDBOOK

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