a conflict of interest with the association, they should immediately communicate all the facts to aboard member.
Section 3: Outside Activities
All members share a serious responsibility for the association’s good public relations, especially
at the community level. Their readiness to help with religious, charitable, educational, and civicactivities brings credit to the Association and is encouraged.
Section 4: Gifts, Entertainment, and Favors:
Officers must not accept entertainment, gifts, or personal favors that could, in any way,influence, or appear to influence, business decisions in favor of any person or organization withwhom or with which the Organization has, or is likely to have, business dealings. Similarly,employees must not accept any other preferential treatment under these circumstances becausetheir positions with the Organization might be inclined to, or be perceived to, place them underobligation to return the preferential treatment.
Section 5: Kickbacks and Secret Commissions
Regarding the Association’s business activities, Members, officers and executive Board
members may not receive payment or compensation of any kind, except as authorized under theAssociations business policies. In particular, the Organization strictly prohibits the acceptance of kickbacks and secret commissions from suppliers or others. Any breach of this rule will result inimmediate termination.
Section 6: Organization Funds and Other Assets:
Members, Officers and Executive board members who have access to Organization funds in anyform must follow the prescribed procedures for recording, handling, and protecting money asdetailed in the
Association’s policies and procedures or other explanatory materials, or both. The
Association imposes strict standards to prevent fraud and dishonesty When an Officer or memberrequires spending Association funds or incurring any reimbursable personal expenses, that
individual must use good judgment on the Association’s behalf to ensure that good value is
received for every expenditure. Association funds and all other assets of the
Section 7: Organization Records and Communications
rate and reliable records of many kinds are necessary to meet the Association’s legal andfinancial obligations and to manage the affairs. The Association’s books and records must reflect
in an accurate and timely manner all business transactions. The officer responsible foraccounting and recordkeepingmust fully disclose and record all assets, liabilities, or both, and must exercise diligence inenforcing these requirements.
Section 8: Prompt Communications:
In all matters relevant to suppliers, government authorities, the public and others in theAssociation, all members must make every effort to achieve complete, accurate, and timelycommunications - responding promptly and courteously to all proper requests for informationand to all complaints.