2007 Reaffirmation Teams
3.2.3 - 2007 Reaffirmation Teams
The board has a policy addressing conflict of interest for its members
The University of Texas System (UT System) Board of Regents is explicitly prohibited under state law and The University of Texas System Board of Regents’ Rules and Regulations from participating in any actions that constitute a conflict of interest. Series 30104 of Regents’ Rules  states that “a state officer or state employee may not have a direct or indirect interest, including financial and other interests, or engage in a business transaction or professional activity, or incur any obligation of any nature that is in substantial conflict with the proper discharge of the officer’s or employee’s duties in the public interest.” The policy also requires written disclosure and adherence “to the laws, rules, regulations, and policies of applicable governmental and institutional authorities….Failure to do so may be grounds for disciplinary action, including termination.” Series 30103 of Regents’ Rules establishes further prohibitions and protections against conflicts of interest such as sitting on outside boards and running for political office . Board members are also required to abide by The UT System Ethics Standards as outlined in Series 20501 for accounting, operating budget, and legislative appropriation requests . UT System has spelled out in more detail what the System holds to be ethical behavior in its publication, Ethics and The University of Texas System: A Brief Practical Guide, which discusses conflicts of interest with regards to gifts, outside employment, and the release of confidential information .
Section 572.051 of the Texas Government Code (TGC) defines standards of conduct, including the avoidance of conflicts of interest, for state employees . Section 572.001 of the TGC requires that no state officer or state employee may “have a direct or indirect interest, including financial or other interest” in business transactions or professional activities, and TGC 572.001 also sets “a basis for discipline of those who refuse to abide by its terms .” The State has also published Texas Ethics Commission: A Guide to Ethics Laws for State Officers and Employees to delineate further what actions constitute breaches of conflicts of interest and other unethical behavior .
Finally, to ensure that the Board of Regents avoids conflicts of interest, meeting minutes of the Board are well documented and are available for public viewing on the UT System’s website  . A historical collection of meeting minutes are also cataloged on the Board’s website .