Doc. T03-076 
Passed by the Board of Trustees on November 5, 2003

Whereas, the proper governance of the University of Massachusetts depends on trustees who give their time and talent for the benefit of the University; and

Whereas, the giving of this service, because of the varied interests and backgrounds of trustees, may result in situations giving rise to possible conflicts of interest; and

Whereas, the State Conflict of Interest Law, G.L. c. 268A, applies to trustees; and

Whereas, it is necessary and desirable to avoid conflict of interest, while encouraging and supporting the service of trustees;

Now, therefore, be it resolved: That the following conflict of interest policy is hereby adopted for the University of Massachusetts:

  1. Timely and full disclosure of any duality of interest concerning the trustee and the University on the part of any trustee should be made to the President and the General Counsel. Upon administrative review, the President shall advise the Chair and the affected trustee as to any issue relating to the conflict of interest law. The President may determine there is no conflict, there is a possible conflict, or impose conditions to avoid any conflict.
  2. This policy is not intended to replace, supercede, or in any way affect the jurisdiction of the State Ethics Commission. It is understood that any matter raising a possible or actual conflict of interest should be referred to the Commission. The policy is intended to aid in the compliance function of the Commission and to assist trustees in the performance of their statutory and fiduciary duties.
  3. In addition to the requirements of paragraph 1, trustees shall file annually a completed questionnaire in the form of Attachment A to this policy.

Attachment A: Board of Trustees Conflict of Interest Disclosure Questionnaire (.docx)