CAREER TRANSITION INSTITUTE
CONFLICT OF INTEREST POLICY AND PROCEDURES
Updated 6/3/2013
Members of the Board of Trustees (“Trustee”) of Career Transition Institute (“the organization”) are not permitted to vote upon or otherwise participate in any transaction in which he/she has a financial or personal interest, or that would result in securing for the trustee any advantage, benefit or privilege.
PROCEDURES
Such disclosure shall be made in writing on the form attached to this policy; he/she shall identify any material, financial or other beneficial interest held by the trustee or his/her immediate family in any organization(s) engaged in the same business or services as Career Transition Institute or engaged in delivery of products or services to the organization.
In the event of a disclosed interest which a trustee believes will not affect his/her loyalty to the organization, an open and frank discussion of the interest and the matter in question shall be held by the Board of Trustees in the absence of the interested trustee. The Board shall then decide whether the trustee shall be recused from action and/or discussion on the matter.