University of Arkansas at Little Rock
Policy Name: Service on Boards of Financial Institutions
Policy Number: LR 202.3
Effective Date: July 1, 1977
Revised Dates:
Most Recent Review Date:
Policy
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
Status: Active
Approved By: UA Board of Trustees, July 1, 1977
Originator:
Custodian: UA Board of Trustees