NUMBER:   BTRU 1.18
SECTION:  Board of Trustees                       

SUBJECT:  Conflict of Interest                               

DATE:     February 1, 1995
                   
Policy for:    All Campuses
Procedure for:  All Campuses
Authorized by:  Thomas Stepp
Issued by:      Board of Trustees

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I.  Policy

   It is the policy of the University of South Carolina that
members of the Board of Trustees, University officers, employees,
members of their immediate families, members of boards of
subsidiary or affiliated entities (including, but not limited to,
foundations and athletic booster clubs), their officers,
employees, and members of their immediate families (hereafter
collectively referred to as "University Officials") should not
seek pecuniary gain from the University or any of its
subsidiaries or affiliated entities (hereafter collectively
referred to as the "University") by virtue of their association
with the University for business activities that are outside of
the responsibilities of that association.

   In circumstances in which it is necessary and in the best
interests of the University for any University official to
conduct business with the University, the University official
shall report in writing such business activities to the Internal
Auditor of the University with a full description of the nature
of such activities and the full amount of compensation and/or
remuneration received.  These reports shall be filed on or before
June 30 and December 31 in any year in which such business
activities are conducted and/or in which any compensation or
remuneration is accrued and/or received.

   Any University official who receives a tangible gift or a gift
of services of a value exceeding $100 from the University or any
University official by virtue of his/her position shall report
such gift or service to the Internal auditor of the University
within 60 days of the receipt of such gift.

   All reports under this policy shall be available for public
inspection.                     

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URL http://www.sc.edu/policies/btru118.html