Sec. 482.403. EXCEPTIONAL CIRCUMSTANCES REQUIRING PARTICIPATION; INVESTIGATION OF UNREPORTED CONFLICT OF INTEREST. (a) The board shall adopt rules governing the waiver of the conflict-of-interest requirements of this subchapter under exceptional circumstances for a board member or commission employee. The rules must: (1) authorize the executive director or a board member to propose granting a waiver by submitting to the presiding officer of the board a written statement about the conflict of interest, the exceptional circumstance requiring the waiver, and any proposed limitations to the waiver; (2) require a proposed waiver to be publicly reported at a meeting of the board; (3) require a majority vote of the board members present and voting to grant a waiver; and (4) require the commission to retain documentation of each waiver granted. (b) The board shall adopt rules governing the investigation and consequences of unreported conflicts of interest.
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