Baysave works in small communities where one person or entity typically serves multiple roles. Conflicts of interest are commonplace in this type of environment. For example, one person or business could possibly act as an investor, adviser, business owner and public policy maker in the same project.
We require that parties to an agreement disclose conflicts of interest as soon as they are recognized.
We recommend that business plans recognize and address all actual and potential conflicts of interest.
We recommend that all parties to an agreement adopt a conflict of interest policy that is at least as strong as ours.
A copy of Baysave’s conflict of interest agreement used by directors is available on request.