Conflict of Interest Policy

Representatives of the Board of Directors (the “Board”) of the National Energy and Utility Affordability Coalition (NEUAC) are expected to act in the best interests of NEUAC in their capacity as board members.

The purpose of this policy is to inform the Board about what constitutes a conflict of interest, assist the Board in identifying and disclosing actual and potential conflicts, and help ensure the avoidance of conflicts of interest where necessary.

Board members have a fiduciary duty to conduct themselves without conflict to the interests of NEUAC. In their capacity as Board members, they must subordinate personal, individual business, third-party, and other interests to the welfare and best interests of NEUAC.

A conflict of interest is a transaction or relationship which presents or may present a conflict between a Board member’s obligations to NEUAC and the Board member’s personal, business, or other interests.

All conflicts of interest are not necessarily prohibited or harmful to NEUAC. However, full disclosure of all actual and potential conflicts is required. When necessary, the Board may require a member’s recusal when a conflict is present.

All actual and potential conflicts of interests shall be disclosed by Board members through the annual disclosure form and/or whenever a conflict arises. The Board shall retain the ultimate enforcement authority with respect to the interpretation and application of this policy.

On an annual basis, all Board members shall be provided with a copy of this policy and are required to complete and sign the acknowledgment and disclosure form.

Question Title

* Conflict of Interest Policy ACKNOWLEDGMENT

By submission of this form, I acknowledge:
  • I have read the NEUAC Board Conflict of Interest Policy and agree to comply with its terms and conditions at all times during my service as a NEUAC Board member.
  • If at any time following the submission of potential conflicts, I become aware of any new actual or potential conflicts of interest, or if the information becomes inaccurate or incomplete, I will promptly send an update in writing to info@neuac.org.
  • As a member of the Board of Directors of the NEUAC, I agree to avoid acting in a way that represents a conflict of interest between my position on the Board of Directors and my personal life, even if those actions appear to provide a benefit for the organization.
  • This includes using my position as a Board member to create an advantage or provide an economic benefit to my friends, family, and/or business associates. If such a conflict arises, I will declare the conflict before the Board of Directors and refrain from voting on matters in which I have a conflict.

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