Ethics Laws and Professional Standards

Question 1

What is included in Ethics Laws and Professional Standards

Answer 1

State Ethics Policy
Conflict of Interest
Nepotism
Appearance of Impropriety
Bribery
Post Employment Restrictions
Suspected Fraud, Waste, or Abuse
Ethics Related Forms
Vendor Communication

Question 2

What is the State Standards of Conduct

Answer 2

State employees should not:
Accept gifts or other employment that could influence their work
duties
Accept any benefit for exercising their official duties in favor of
another
Maker personal investments that create a substantial interest in a
business

Question 3

Who is considered to have a substantial interest in a business

Answer 3

A person is classified as having a substantial interest in a business entity if that person:
Has a controlling interest
Owns more that 10% of the voting interest
Owns more that $25,000 of the fair market value
Is a member of the board of directors or other governing board
Has a direct or indirect participating interest by shares, stock, or
otherwise, regardless of whether voting rights are included, in
more that 10% of the profits, proceeds, or capital gains
Serves as an elected officer
Is an employee of the business entity