Salt Lake Chief Information Security Officers Forum

“During the year, the organization did not have any committees which had authority to act on behalf of the governing body.”

“The organizations form 990 was prepared by the organizations cpa in consultation with the organizations treasurer. It was reviewed in detail by the organizations treasurer and director and board chair for accuracy and reasonability. A complete copy of the form 990 was provided to the organizations board of directors before it was filed.”

“A. An interested person may make a presentation at the board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. B. The chairperson of the board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. C. After exercising due diligence, the board or committee shall determine whether the sl|ciso forum can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. D. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the sl|ciso forums best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement.”

“The organizations governing documents, conflict of interest policy, and financial statements are available upon written request to the organizations office. In addition, the organizations 990s for the past several years are available through candid.org and the organizations articles of incorporation are available through the utah department of commerce division of corporations and commercial code.”