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Summary: UNIVERSITY OF HOUSTON SYSTEM
ADMINISTRATIVE MEMORANDUM
SECTION: Fiscal Affairs NUMBER: 03.A.17
AREA: General
SUBJECT: Disclosure of Related Party Interests
August 24, 1992; Revised July 31, 2010 Page 1 of 2
1. PURPOSE
This document provides a means for disclosure of related party interests by faculty and
staff.
2. DEFINITIONS
2.1. Conflict of Interest: A situation in which there is a divergence between the
employee's private interests and professional obligations to the component
university (i.e., the public interest) such that an independent observer might
reasonably question whether the employee's actions or decisions are determined
by considerations of private gain, financial or otherwise, to the component
university's detriment. Such a situation may result from consulting or other
outside paid professional service, a relationship defined as a related-party interest,
or any other relationship that results in a gift or other benefits to the employee.
2.2. Related Party Interest: A business or personal relationship that exists between a
component university employee and an outside individual or organization that
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