Carolina State University
SACS Compliance Certification
August 15, 2003
Standards: Institutional Mission, Governance, and Effectiveness 3.2.3 (conflict
of interest policy)
A second conflict of interest policy specifically applies to the members of the BOG and the members of the Boards of Trustees of North Carolina State University (BOT). Members of these boards are subject to the BOG policy on “Dual Memberships and Conflicts of Interest” at section 200.1 of the Policy Manual of the University of North Carolina.
Finally, all employees of the university (including those subject to the State Personnel Act) and all members of the BOG and BOT are subject to the provisions of NC General Statute 14-234, which provides criminal penalties for state employees in specified circumstances, with particular emphasis on business transactions involving “self-dealing.” That is, the statute prohibits university-affiliated persons from being involved in business transactions with companies in which those persons have a financial interest.