SECTION 55:10-11-4. Conflict of interest  


Latest version.
  • (a)   A Licensee or Entity shall not accept or receive compensation directly or indirectly for services from any individual or Entity other than the client in connection with the reparation, alteration or construction of a project in relation to which the Licensee or Entity shall have accepted employment in any manner.
    (b)   If a Licensee or Entity has any business association or direct or indirect financial interest in a project undertaken to perform professional services, the Licensee or Entity shall fully disclose in writing to the client or employer the nature of the business association or financial interest, and, if the client or employer objects to such association or financial interest, the Licensee or Entity shall either terminate such association or interest or offer to give up the commission or employment.
    (c)   A Licensee or Entity shall not solicit or accept compensation from material or equipment suppliers in return for specifying or endorsing their products.
    (d)   A Licensee or Entity shall not publicly endorse a product, system, or service, or permit the use of his/her or its name or photograph to imply such endorsement. However, he/she or it may be identified with any product, system, or service designed or developed by him/her or it.
    (e)   When acting as the interpreter of building contract documents and the judge of contract performance, a Licensee or Entity shall render decisions impartially, favoring neither party to the contract.
[Source: Amended at 16 Ok Reg 1333, eff 5-27-99; Amended at 24 Ok Reg 815, eff 5-11-07]