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<br />Standards of Conduct <br /> <br />PART 1 CODE OF ETHICS <br />24-18-101. Legislative declaration. <br />24-18-102. Definitions. <br />24-18-103. Public trust - breach of fiduciary <br />duty. <br />24-18-104. Rules of conduct for all public. <br />officers, members of the general assembly, local <br />government officials, and employees. <br />24-18-105. Ethical principles for public officers, <br />local government officials, and employees. <br />24-18-106. Rules of conduct for members of the <br />general assembly. <br />24-18-107. Ethical principles for members of the <br />general assembly. <br />24-18-108. Rules of conduct for public officers <br />and state employees. <br />24-18-108.5. Rules of conduct for members of <br />boards and commissions. <br />24-18-109. Rules of conduct for local government <br />officials and employees. <br />24-18-110. Voluntary disclosure. <br />24-18-111. Powers of the secretary of state. <br />24-18-112. Board of ethics for the executive <br />branch - created - duties. <br />24-18-113. Board of ethics for the general <br />assembly - created - duties. <br />PART 2 PROSCRIBED ACTS RELATED TO <br />CONTRACTS AND CLAIMS <br />24-18-201. Interests in contracts. <br />24-18-202. Interest in sales or purchases. <br />24-18-203. Voidable contracts. <br />24-18-204. Dealings in warrants and other claims <br />prohibited. <br />24-18-205. Settlements to be withheld on <br />affidavit. <br /> <br />PART I CODE OF ETHICS <br /> <br />24-18-101. Legislative declaration. The general <br />assembly recognizes the importance of the participation <br />of the citizens of this state in all levels of government in <br />the state. The general assembly further recognizes that, <br />when citizens of this state obtain public office, conflicts <br />may arise between the public duty of such a citizen and <br />his or her private interest. The general assembly hereby <br />declares that the prescription of some standards of <br />conduct cornmon to those citizens involved with <br />government is beneficial to all residents of the state. <br />The provisions of this part 1 recognize that some actions <br />are conflicts per se between public duty and private <br />interest while other actions mayor may not pose such <br />conflicts depending upon the surrounding <br />circumstances. <br /> <br />24-18-102. Definitions. As used in this part 1, unless <br />the context otherwise requires: <br />(1) "Business" means any corporation, limited <br />liability company, partnership, sole proprietorship, trust <br /> <br />or foundation, or other individual or organization <br />carrying on a business, whether or not operated for <br />profit. <br />(2) "Compensation" means any money, thing <br />of value, or economic benefit conferred on or received <br />by any person in return for services rendered or to be <br />rendered by himself or another. <br />(3) "Employee" means any temporary or <br />permanent employee of a state agency or any local <br />government, except a member of the general assembly <br />and an employee under contract to the state. <br />(4) "Financial interest" means a substantial <br />interest held by an individual which is: <br />(a) An ownership interest in a business; <br />(b) A creditor interest in an insolvent business; <br />(c) An employment or a prospective <br />employment for which negotiations have begun; <br />(d) An ownership interest in real or personal <br />property; <br />(e) A loan or any other debtor interest; or <br />(f) A directorship or officership in a business. <br />(5) "Local government" means the <br />government of any county, city and county, city, town, <br />special district, or school district. <br />(6) "Local government official" means an <br />elected or appointed official of a local government but <br />does not include an employee of a local government. <br />(7) "Official act" or "official action" means <br />any vote, decision, recommendation, approval, <br />disapproval, or other action, including inaction, which <br />involves the use of discretionary authority. <br />(8) "Public officer" means any elected officer, <br />the head ofa principal department of the executive <br />branch, and any other state officer. "Public officer" <br />does not include a member of the general assembly, a <br />member of the judiciary, any local government official, <br />or any member of a board, commission, council, or <br />committee who receives no compensation other than a <br />per diem allowance or necessary and reasonable <br />expenses. <br />(9) "State agency" means the state; the general <br />assembly and its committees; every executive <br />department, board, commission, committee, bureau, and <br />office; every state institution of higher education, <br />whether established by the state constitution or by law, <br />and every governing board thereof; and every <br />independent commission and other political subdivision <br />of the state government except the courts. <br /> <br />24-18-103. Public trust - breach of fiduciary duty. (1) <br />The holding of public office or employment is a public <br />trust, created by the confidence which the electorate <br />reposes in the integrity of public officers, members of <br />the general assembly, local government officials, and <br />employees. A public officer, member of the general <br />assembly, local government official, or employee shall <br />carry out his duties for the benefit of the people of the <br />state. <br />(2) A public officer, member of the general <br />assembly, local government official, or employee whose <br />25 <br />