How should a director resolve a conflict of interest?

A director should resolve a conflict of interest by disclosing the conflict to other board members. This approach promotes transparency and ethical governance within the organization. By informing fellow board members about the conflict, the director allows the board to make an informed decision regarding the matter at hand. Disclosure ensures that all members are aware of potential biases and enables them to evaluate the situation with a full understanding of any potential influences on the director's judgment.

Proper disclosure is a key principle of good governance and helps maintain trust among board members and with the community. It also aligns with the fiduciary duty directors have to act in the best interests of the association. By taking this step, the director supports a process that can lead to a fair resolution and upholds the integrity of the board's decision-making process.