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NEW YORK STATE READING ASSOCIATION, INC.CONFLICT OF INTEREST POLICY For Directors, Officers, and Key Persons STATEMENT OF POLICY The goal of the New York State Reading Association, Inc. (the Corporation)

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How to fill out conflict of interest statement

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Identify any potential conflicts of interest.

02

Disclose any conflicts of interest in a timely manner.

03

Provide detailed information about the conflict of interest.

04

Update the conflict of interest statement as needed.

05

Submit the conflict of interest statement to the appropriate party.

Who needs conflict of interest statement?

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Employees working in organizations.

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Board members of nonprofits or corporations.

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Researchers conducting studies.

04

Public officials making policy decisions.

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What is conflict of interest statement?

A conflict of interest statement is a formal declaration made by individuals or organizations to disclose any personal, financial, or other interests that may potentially influence their actions or decisions in a professional context.

Who is required to file conflict of interest statement?

Typically, public officials, employees of governmental agencies, and certain professionals in regulated industries, such as healthcare and finance, are required to file conflict of interest statements.

How to fill out conflict of interest statement?

To fill out a conflict of interest statement, individuals should provide detailed information about their financial interests, relationships, and any other relevant affiliations that may pose a conflict, following the specific guidelines set by the governing body or organization.

What is the purpose of conflict of interest statement?

The purpose of a conflict of interest statement is to promote transparency, ensure accountability, and prevent unethical behavior by disclosing any potential conflicts that could affect decision-making.

What information must be reported on conflict of interest statement?

Information typically required includes personal financial interests, relationships with organizations that conduct business with the individual’s employer, potential outside employment, and any gifts or favors received.

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