Section Ret 401.03 - Conflict of Interest(a) Each trustee, investment committee member, staff employee and outside service provider shall be provided a copy of this code of ethics within 30 days of:(1) Final adoption of Ret 401; or(2) Being appointed, hired, or retained to their position.(b) Trustees, members of the investment committee, and staff employees shall disclose all conflicts of interest, potential conflicts of interest, and situations that could reasonably be perceived as creating conflicts of interest in the manner described in Ret. 401.07, and such disclosure shall be made prospectively, or as soon as reasonably practicable.(c) Any trustee, member of the investment committee, or staff employee required to file a statement of financial interests pursuant to RSA 15-A shall, within 30 days of such filing with the secretary of state, provide a true copy of such statement in the manner described in Ret 401.07.(d) No trustee, member of the investment committee, or staff employee shall make any personal investment, engage in any transaction or professional activity, or incur any obligation of any nature that would create, or reasonably has the potential of creating, a conflict of interest, unless disclosed to the board of trustees and determined not to violate another provision of this code.(e) No trustee, member of the investment committee, or staff employee shall vote on, deliberate on, or attempt to influence any issue before the board of trustees or the investment committee with respect to which he or she has a conflict of interest. If compliance with the foregoing necessitates recusal, the recusing party shall disclose fully to the board of trustees or the investment committee the reasons for such recusal.(f) No trustee, member of the investment committee, or staff employee shall violate a provision of Ret 401.04.N.H. Admin. Code § Ret 401.03
#7478, eff 4-10-01; ss by #9415, INTERIM, eff 4-5-09, EXPIRED: 10-2-09
New. #9595, eff 11-11-09
Amended by Volume XXXVIII Number 19, Filed May 10, 2018, Proposed by #12512, Effective 4/11/2018, Expires 10/8/2028.Amended by Volume XXXIX Number 06, Filed February 7, 2019, Proposed by #12708, Effective 1/9/2019, Expires 1/9/2029.