[Code of Federal Regulations]

[Title 34, Volume 1]

[Revised as of July 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 34CFR73.2]



[Page 100-101]

 

                           TITLE 34--EDUCATION

 

PART 73_STANDARDS OF CONDUCT--Table of Contents

 

Sec. 73.2  Conflict of interest waiver.



    If a financial interest arises from ownership by an employee--or 

other person or enterprise referred to in 5 CFR 2635.402(b)(2)--of stock 

in a widely diversified mutual fund or other regulated investment 

company that in turn owns stock in another enterprise, that financial 

interest is exempt from the prohibition in 5 CFR 2635.402(a).



[[Page 101]]



       Appendix to Part 73--Code of Ethics for Government Service



    Any person in Government service should:

    Put loyalty to the highest moral principles and to country above 

loyalty to persons, party, or Government department.

    Uphold the Constitution, laws, and regulations of the United States 

and of all governments therein and never be a party to their evasion.

    Give a full day's labor for a full day's pay; giving earnest effort 

and best thought to the performance of duties.

    Seek to find and employ more efficient and economical ways of 

getting tasks accomplished.

    Never discriminate unfairly by the dispensing of special favors or 

privileges to anyone, whether for remuneration or not; and never accept, 

for himself or herself or for family members, favors or benefits under 

circumstances which might be construed by reasonable persons as 

influencing the performance of governmental duties.

    Make no private promises of any kind binding upon the duties of 

office, since a Government employee has no private word which can be 

binding on public duty.

    Engage in no business with the Government, either directly or 

indirectly, which is inconsistent with the conscientious performance of 

governmental duties.

    Never use any information gained confidentially in the performance 

of governmental duties as a means of making private profit.

    Expose corruption wherever discovered.

    Uphold these principles, ever conscious that public office is a 

public trust.



(This Code of Ethics was unanimously passed by the United States 

Congress on June 27, 1980, and signed into law as Public Law 96-303 by 

the President on July 3, 1980.)