Our Board of Directors has adopted has adopted the OPUD Board Policies and Procedures, which states regarding Conflicts of Interest:

"Conflict of Interest

B-20

PURPOSE: This policy establishes the rules for disclosure of financial interest and sets forth provisions to avoid conflict of interest.

B-20-10

Statements. Board Members shall file statements of economic interest as required by the Fair Political Practices Commission’s regulation, 2 California Code of Regulations §18730.

B-20-20

State Regulations. The terms of Title 2, California Code of Regulations §18730 and any amendments to it adopted by the Fair Political Practices Commission are hereby incorporated by reference.

B-20-30

Compliance Requirements. Board Members shall comply with all terms and conditions of the conflict of interest code.

B-20-40

Abstaining from Voting. Where a conflict of interest exists, Board Members shall abstain from discussion and voting, and leave the Board Room for any agenda item involving a personal or financial conflict of interest. Unless a conflict of interest exists, Board members should ordinarily not abstain from the Board’s decision-making responsibilities."