Approved by the University of North Dakota Senate March 2, 2006

I. PREAMBLE*

The intent of the conflict of interest policy is to foster university activities and outside professional activities as positive contributors to the University of North Dakota. The University sees great value in outside activities that advance and communicate knowledge through interaction with government, industry, the community, and the public, and through consulting and professional opportunities. The conflict of interest policy establishes guidelines to allow faculty and staff at the University of North Dakota to identify potential conflicts, and to manage those conflicts in ways that balance the integrity and interests of the University of North Dakota with those of each University employee.

The University of North Dakota Conflict of Interest Policy provides a guiding framework for all personnel for the identification, disclosure, management, and monitoring of non-University activities that is in accordance with state law, State Board of Higher Education policies, institutional statutes, and federal regulations. This document defines the nature of conflicts of interest, provides principles that guide identification and disclosure of such conflicts, identifies the responsibilities of all parties involved, defines disclosure procedures, and provides a structure for enforcement.

*This policy was developed after reviewing the federal regulations as well as several conflict of interest policies that were developed at other institutions. For citations of source documents, please see Appendix B.