Fla. Admin. Code R. 19A-6.003

Current through Reg. 50, No. 244; December 17, 2024
Section 19A-6.003 - Prohibited Communications; Prohibited Ownership; Prohibited Disclosure or Use of Information

To protect the public trust by avoiding even the appearance or perception that favoritism, special dealing or political considerations were involved in Division decisions, it is the policy of the Division to abide by these standards of conduct:

(1) A Governing Board member or employee shall not engage in prohibited business solicitation communications. A Governing Board member who receives a prohibited business solicitation communication shall place on the record at the next available Governing Board meeting all written communications received, all written responses to such communications, and a memorandum stating the substance of all oral communications received and all oral responses made. If an employee receives a prohibited business solicitation communication, the Director of the Division or the Governing Board member by which the employee is employed shall place on the record at the next available Governing Board meeting all written communications received, all written responses to such communications, and a memorandum stating the substance of all oral communications received and all oral responses made. The Governing Board member or employee shall advise the service provider or underwriter who makes a prohibited business solicitation communication that the prohibited business solicitation communication will be made a part of the record at the next available Governing Board meeting.
(2) No Division employee may maintain a direct ownership interest in any bonds issued by the Division or any certificates of participation issued in connection with the award of a Master Equipment Financing Agreement. For purposes of this section "direct ownership interest" means the purchase of bonds or certificates of participation through the direct exercise of the decision to purchase the individual bonds or certificates of participation by the Division employee and shall not include the ownership of bonds or certificates of participation through a fund or other collective ownership method where the actual decision to purchase the individual bonds or certificates of participation was not made by the Division employee.
(3) No Division employee shall disclose or use financing or refinancing information not available to members of the general public and gained by reason of his or her official position for personal gain or benefit or for the personal gain or benefit of any other person or business entity.

Fla. Admin. Code Ann. R. 19A-6.003

Rulemaking Authority 215.62(5), 287.064(8) FS. Law Implemented 112.313(8), 215.62(5), 215.64(5), 215.68(5), 287.064 FS.

New 12-3-91, Formerly 13K-6.003, Amended 5-25-95.

New 12-3-91, Formerly 13K-6.003, Amended 5-25-95.