2021Bylaws

Bylaws (Colorado)

§ 503.6 Memorializing of Individuals. The use of the individual name of any person living or dead on or about any building owned by this corporation or any of its affiliated corpora- tions for the purpose of memorializing such individual, or his connection or assistance with the construction, establishment or operation of any such building may be allowed in an interior section of such building as pro- vided in the Hospital Regulations. Amend. 1979, 1985 § 503.7 Conflict of Interest. Directors and trustees must, at all times, avoid conflicts of interest while acting as such, and they shall comply with the following: (a) Disclosure. Any duality of financial interest or possible direct or indirect conflict of interest on the part of a director or trustee shall be disclosed to all other directors and trustees and made a matter of record through a periodic procedure established by the board of directors, and again when the interest becomes a matter of board action. (b) Abstention. Any director or trustee having a duality of interest or possible conflict of interest on any matter shall not vote or use his per- sonal influence on the matter, and shall not be counted in determining the quorum for the meeting. The minutes of the meeting shall reflect that a disclosure was made, by whom, the abstention from voting, and the quo- rum situation. (c) Statement. A director or trustee having a duality of interest or possible conflict of interest on a matter may briefly state his position in the matter and answer pertinent questions of other directors and trustees since his knowledge may be of assistance. Add. 1988 § 503.8 No Compensation. Directors and trustees shall perform their duties and responsibilities as directors and trustees without compensa- tion, but they shall be reimbursed for any expenses reasonably incurred as members of their respective boards in accordance with the policies and procedures established by the board of directors, or the board of trustees. Add. 1988 § 503.9 Code of Ethics. Officers, directors, trustees and employees of Shriners Hospitals For Children, a Colorado corporation, and all who have been elected or appointed to positions of authority, in order to discharge the responsibility assigned to them by it or its governing boards, and to main- tain the integrity of the corporation, shall abide by this Code of Ethics. (a) Obey the law of the land and the articles of incorporation and bylaws of the corporation, adhering to the spirit as well as the letter thereof. (b) Demonstrate the highest standards of personal integrity, truthfulness and honesty in all their corporation activities; administer the corporationʼs affairs with impartiality, efficiency and effectiveness and in a manner that

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BYLAWS (COLORADO)