Conflict of Interest Policies

Do HOA boards have conflict of interest policies?

I'm on a nonprofit board that makes me sign one each year. It says that I can't get any benefit from anyone who provides goods or services to the organization (such as suppliers), and I can't get paid anything by the organization.

It seems like a good idea. But do HOA boards have these policies, ever?

Thanks.

Not at my association. But it makes sense. You've got me thinking about it now!

I often speak of the Community Association Institute's website and education materials it has for board members and homeowners. A few years ago they also drafted a list of rights and responsibilities for homeowners and board members (I prefer community volunteers, as this covers committee members as well). You may be able to find it simply by Googling it, as I know it's been reprinted in several areas.

This would be a great start to setting up some sort of code of conduct for homeowners as well as board members. Board members are also homeowners after all (most of the time anyway), and everyone should understand if they hold up their responsibilities as homeowners, it'll be a lot easier to do if they become some sort of community volunteer.

Add a policy addressing conflict of interest in more detail and consider adopting it with a board resolution during an open meeting.

Cheaters will cheat. Signing a document not to cheat does not stop a cheater so such documents are useless.

Thanks, everyone. This is all very helpful.