<html> <head> <title>Rule 24:50:01:03 Conflict of interest.</title> <META NAME="Keywords" Content="Administrative Rules 24:50:01:03"> <META NAME="Description" Content="Administrative Rules 24:50:01:03 Conflict of interest."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>24:50:01:03.&nbsp;&nbsp;Conflict of interest.</b> A council member or member of an advisory panel with a direct financial or employment interest relating to a grant application before the council or an advisory panel or with a professional, employment, or financial interest relating to an applicant shall inform the council of such an affiliation before review of an application.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliations that constitute conflict of interest include the following:</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;Receipt of direct financial benefit from the applicant or project being reviewed;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;Serving as an employee or governing board member of an applicant organization being reviewed;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;Serving with or without payment as a consultant to an applicant on the application being reviewed; or</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)&nbsp;&nbsp;Immediate family relationship with an applicant or a staff or board member of an applicant organization.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The council shall annually screen its members, staff, and advisory panel members for affiliations which may constitute conflict of interest. Any member found to have a conflict of interest as defined in this section shall abstain from all deliberations of the council or advisory panel regarding the application raising the conflict.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 12 SDR 56, effective October 8, 1985.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=1-22-8">1-22-8</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=6-1-1">6-1-1.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=1-22-5">1-22-5.</A></p> </div> </body> </html>