(1) No employee of the State University System shall have any interest, financial or otherwise, direct or indirect; engage in any business transaction or professional activity; or incur any obligation of any nature which is in substantial conflict with the full and competent performance of his duties in the public interest.
(2) All employees of the State University System are governed by the provisions of Section 112.313, Florida Statutes, setting standards of conduct for public officers and employees of agencies, and Section 112.3145, Florida Statutes, mandating the disclosure of certain financial interests.
(3) Outside activity and conflict of interest of bargaining unit employees shall also be governed by university rules and policies not in conflict with the BOR/UFF Agreement governing the same subject.
a. The involvement of University employees in the regular activities of formal organizations shall meet statutory requirements dealing with conflict of interest and unfair competition and all University and Board of Regents' regulations.
b. It shall be contrary to University policy for a University employee to allow his association with The Florida State University to be used in advertising by a private firm or upon letterhead stationery or the masterhead of a firm (exception--advertising of textbooks written by University employees).
c. Faculty and academic staff members have the responsibility to check the possibility of conflict of interest between their outside employment activities and work at the University. The University subscribes in principle to the statement on this subject by the American Council on Education and the American Association of University Professors.