Executive Board Manual: Code of Conduct

IGFOA CODE OF CONDUCT

Members of the Executive Board agree:

To act in the best interests of, and fulfill their obligations to, the organization and its constituents-members;
To attend board meetings, be available for phone consultation, and serve on at least one committee.
To be fiscally responsible, with other board members, for this organization.
To know what the budget is and take an active part in reviewing, approving, and monitoring the budget, and actively supporting the revenue-generating activities to meet it;
To act honestly, fairly, ethically, and with integrity;
To conduct themselves in a professional, courteous, and respectful manner;
To comply with all applicable laws, rules, and regulations;
To act in good faith, responsibly, with due care, competence and diligence, without allowing their independent judgment to be subordinated;
To act in a manner that will enhance and maintain the reputation of the
organization;
To disclose potential conflicts of interest that they may have regarding any matters that may come before the Board, and abstain from discussion and voting on any matter in which the director has or may have a conflict of interest;
To make available to and share with directors any information that may be appropriate to ensure proper conduct and sound operation of the organization's governance and management;
To respect the confidentiality of information relating to the affairs of the
organization acquired in the course of service, except when authorized or legally required to disclose such information;
To not use information acquired in the course of service for personal
advantage;
To not violate any federal, state, or local laws governing the organization and to understand and adhere to all governing documents applicable to the organization.

Any Board member or officer who has concerns regarding compliance with this Code of Conduct should raise those concerns with the President of the Board. In the extremely unlikely event that a waiver of this Code for a director would be in the best interest of the organization, it must be approved by a unanimous vote of the Board. Board member or officer that are not able to meet these obligations may be asked to offer their resignation.