Overview Reporting Criteria Review and Resolution Reporting and Confidential Treatment Retention of Records Go To Trustee Disclosure Form or Return to Index Page Overview During March 1995, Rensselaer's Board of Trustees approved the Resolution Regarding Conflicts of Interest for a Trustee, Officer, or Staff Member. These guidelines supplement that resolution and are intended to offer guidance to Trustees in identifying, reporting, and reviewing situations or transactions which may involve a conflict of interest, and determining appropriate courses of action under the circumstances. In fulfilling their responsibilities, Trustees are to consider actions prudently with the expectation that these actions will further the objectives of Rensselaer. Trustees will not participate in the discussion or decision of a contemplated action when such participation could have a direct effect on their personal circumstances. Situations involving potential or existing conflicts of interest should be reported promptly upon election to the Board of Trustees, as encountered during the term of Trusteeship, and during the annual survey conducted by the Office of Risk Management and Internal Auditing.
Trustees are to report conflict of interest situations to the best of their knowledge.
It is recognized that there may be occasional reports which are either immaterial or unrelated to Rensselaer's interests. In all situations and at any time, Trustees may seek assistance concerning conflict of interest situations with the Senior Director of Risk Management and Internal Auditing. Reporting Criteria Rensselaer's Trustees have a wide variety of personal investments, business relationships, and other interests. Investments in marketable securities or other financial interests in a business concern are reportable if acquired with knowledge of specific pending Rensselaer transactions not known to the public which might materially affect the value of the investment. Also reportable are investments or other financial interests whose value could be affected materially by the actions or influence of the Trustee.