Collin County Community College
043500

EMPLOYMENT REQUIREMENTS AND RESTRICTIONS:
CONFLICT OF INTEREST


DBD
(LEGAL)


HOLDING PUBLIC OFFICE District employees shall not be barred from serving as members of the governing bodies of colleges (other than those in which they are employed), school districts, cities, towns, or other local governmental districts; provided, however, that such employees shall receive no salary for serving as members of these governing bodies. Tex. Const. Art. XVI, Sec. 40; Atty. Gen. Op. JM-118 (1983), JM-203 (1984)
GIFTS An employee who exercises discretion in connection with contracts, purchases, payments, claims, or other pecuniary transactions shall not solicit, accept, or agree to accept any benefit from a person the employee knows is interested in or likely to become interested in any such transactions of the District. Penal Code 36.08(d)
DISCLOSURE OF INTEREST IN PROPERTY If an employee has a legal or equitable interest in any property acquired with public funds and has actual notice of the acquisition or intended acquisition of the property, the employee shall file an affidavit as follows:
  1. The affidavit shall be filed with the county clerk(s) of the county or counties in which the property is located and of the county in which the employee resides within ten days before the date on which the property is to be acquired by purchase or condemnation.
  2. The affidavit must:
    1. State the name of the employee and the public position held.
    2. Fully describe the property.
    3. Fully describe the nature, type, and amount of interest in the property, including the percentage of ownership interest and the date the interest was acquired.
    4. Include a verification of the truth of the information in the affidavit.
    5. Include an acknowledgment of the same type required for recording a deed in the deed records of a county.

Gov't Code 553.001, 553.002, 553.003

INTELLECTUAL PROPERTY An employee who conceives, creates, discovers, invents, or develops intellectual property may own or be awarded any amount of equity interest or participation in, or, if approved by the Board, serve as a member of the board of directors or other governing board or as an officer or an employee of, a business entity that has an agreement with the state or a political subdivision of the state relating to the research, development, licensing, or exploitation of that intellectual property without creating a conflict of interest.

Such an employee shall report to the appropriate person or persons at the College the name of the business entity in which the person has an interest or for which the person serves as a director, officer, or employee. The Board shall include in the appropriate annual report required by Education Code 51.005 the information provided to it under this requirement during the preceding fiscal year.

Education Code 51.912



DATE ISSUED: 02/05/1996
UPDATE 11
DBD(LEGAL)-PJC

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