Conflict Of Interest Waiver Template For Nonprofits
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How to fill out Sample Attorney Conflict Of Interest Waiver Letter?
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FAQ
Some examples of a conflict of interest could be: Representing a family member in court. Starting a business that competes with your full-time employer. Advising a client to invest in a company owned by your spouse.
NGOs have to handle Government subvention and public donation in their daily operations, and are obliged to manage these resources prudently. Conflict of interest may arise if the private interests of board or staff members are taken into account when making decision on the use of resources.
Sample Conflict-of-Interest Policy Statement All trustees, officers, agents, and employees of this organization shall disclose all real or perceived conflicts of interest that they discover or that have been brought to their attention in connection with this organization's activities.
State the reasons why you think these interests could, or could be seen to, influence your decisions, actions or advice. Finally, set out the steps you intend to take, or which you may require others in the department to take, to mitigate any conflict arising. Attach supporting documentation if required.
Conflict of Interest Policy is a guiding document which sets the standard operating protocol of an organization to be adopted wherever the organization or an individual in the organization has a Conflict of Interest.