FACULTY HANDBOOK July 2009 - Morgan State University

PAGE 150 * Morgan State University Faculty Handbookappearance of conflict of interest may arise in the context of the State EthicsLaw, an advisory opinion should be obtained from the State Ethics Commission.¹2. In situations, which have the appearance of conflict, a faculty member mustinform the department chair or other appropriate administrator according toUniversity procedures.III.APPLICATIONA. Nothing contained in this policy shall be construed as imposing any obligations onfaculty members to the University beyond those required by law or contract, not asadding any grounds for termination of a faculty appointment beyond those stipulated inthe policies governing faculty appointments, ranks, and tenure, as approved by theBoard of Regents.B. Procedures shall be developed and published to implement this Policy. Suchprocedures shall include provisions for regular reporting by faculty members to theinstitution on all outside professional consulting and external professional services, andany other external professional activities, whether income producing or not._______________________________________¹The Maryland Public Ethics Law (Article 40A of the Maryland Annotated Code) provides that a Stateofficial or employee cannot be employed by, or have a financial interest in, any entity which isnegotiating or has entered into a contract with the State agency or institution where he or she is employed.(Section 3-103 (a)(1) (I). The Maryland Public Ethics Law similarly bars a State official or employeefrom holding any other employment relationship, which would impair the impartiality and theindependence of judgment of an official or employee. (Section 3-103 (a)(1) (ii). The Public Ethics Lawdefines “financial interests” as:(1) Ownership of any interest as a result of which theowner has received, over the past three years, or ispresently receiving, or in the future is entitled toreceive, more than $1,000 per year, or(2) Ownership, or the ownership of securities of any kindrepresenting or convertible into ownership, of more than 3% of abusiness entity.(Section 1-201 (m).Approved by the Board of Regents 03/20/1996