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Policy No. 1 ECONOMIC DEVELOPMENT CORPORATION CONFLICT OF INTEREST POLICY Article 1 Purpose The purpose of the conflictofInterest policy is to protect the Economic Development Corporations (the EDC)

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How to fill out this conflict of interest

01

Identify any potential conflicts of interest within your organization

02

Disclose any conflicts of interest to relevant parties

03

Establish policies and procedures for managing conflicts of interest

04

Document any decisions made regarding conflicts of interest

Who needs this conflict of interest?

01

Organizations looking to ensure transparency and ethical business practices

02

Individuals involved in decision-making processes within an organization

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What is this conflict of interest?

A conflict of interest is a situation where an individual's personal interests or relationships could potentially influence their professional responsibilities or decisions.

Who is required to file this conflict of interest?

Typically, employees, board members, and certain contractors within an organization are required to file a conflict of interest form.

How to fill out this conflict of interest?

To fill out a conflict of interest form, individuals should provide detailed information about potential conflicts, including personal relationships, financial interests, and other considerations that may affect their work.

What is the purpose of this conflict of interest?

The purpose is to ensure transparency and integrity in decision-making processes and to avoid any actions that could be perceived as biased due to personal interests.

What information must be reported on this conflict of interest?

Individuals must report any financial interests, relationships with related parties, gifts, and other relevant information that may influence their professional duties.

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