Listed here are some items that your organization may perhaps choose to include things like in its conflict of interest policy

• A statement about how matters in which a board member is potentially “interested” are going to be handled

• A provision requiring that transactions be authorized by a majority of directors that have no economic interest inside the transaction

• A requirement of disclosure of relationships amongst directors and organizations with which the nonprofit organization does business enterprise

• A record of conflict difficulties that arise and how they’re resolved