§ 4280.106 Conflict of interest.
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Title 7 CFR: Agriculture › Chapter XLII: RURAL BUSINESS-COOPERATIVE SERVICE, DEPARTMENT OF AGRICULTURE › Part 4280: LOANS AND GRANTS › Subpart B: Rural Energy for America Program General › § 4280.106: § 4280.106 Conflict of interest.
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(a)
General.
No conflict of interest or appearance of conflict of interest will be allowed. Conflict of interest means a situation in which a person has personal, professional, or financial interests that prevent, or appears to prevent the person from acting impartially. For purposes of this subpart, conflict of interest includes, but is not limited to, distribution or payment of grant, guaranteed loan funds, and matching funds to a beneficiary or immediate family member of the applicant.
(b)
Assistance to employees, relatives, and associates.
The Agency will process any requests for assistance under this subpart in accordance with 7 CFR part 1900, subpart D.
(c)
Member/delegate clause.
No member of or delegate to Congress shall receive any share or part of this grant or any benefit that may arise there from; but this provision shall not be construed to bar, as a contractor under the grant, a publicly held corporation whose ownership might include a member of Congress.
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