Service on Boards of Financial Institutions - 280.1
|University of Arkansas at Little Rock|
|Policy Name: Service on Boards of Financial Institutions|
|Policy Number: 280.1|
|Effective Date: July 1, 1977|
Effective July 1, 1977, the Chancellor of the University of Arkansas at Little Rock, or any Vice President, Chancellor, Vice Chancellor, Controller, Treasurer, Business Manager or any other administrator whose duties with the University include setting of fiscal policies, is prohibited from accepting an initial appointment as an officer or member of the official board of any financial institution, except non-profit, tax exempt corporations or foundations.
The University officials referred to above shall, annually, file with the Chancellor a disclosure of any corporate positions held, as officer or Board member, in any corporate body, whether profit-making or tax-exempt, including foundation.
Reports will be made to the Chancellor on a calendar year basis and should be filed not later than January 31, to cover the last calendar year. If there were no corporate positions held during the past year, please return the form with that notation.
Source: UA Board Policy 215.1
Approved By: UA Board of Trustees, July 1, 1977