The authors ask that you imagine these scenarios to understand what "conflict of interest" means: In these cases, board members may try to use their positions on the board for personal gain.
The IRS phrases it like this: "...receive an inappropriate benefit." Sometimes board members create conflicts of interest just because they don't understand where the boundaries are, not out of deliberate deceit and greed.
The definition of “legislative or administrative interest” is an economic interest, distinct from that of the general public, in any matter subject to the vote or decision of the public official (acting in the capacity of a public official).
In fact, the new IRS Form 990 asks, specifically, for disclosure of potential conflicts of interest.
Indeed, the book promises "everything you need to know in 1-hour."The financial conflicts of interest chapter is an excellent example of the book's straightforward and easy-to-read style.
The Oregon Government Ethics Commission (OGEC) is the administrative agency that enforces Oregon’s ethics laws.
The OGEC was created in 1974 by a state-wide ballot measure in the shadow of the Watergate scandal.
Entertainment gifts refer to invitations to events or activities put on for the purpose of recreation or amusement. Food and beverages consumed in the presence of the buyer is subject to the $50 limit.