Interpretations

Statement 1

The rule of non-participation, as it pertains to family members, applies in a narrow set of circumstances. A trustee is to abstain on a vote in those instances where the matter that is the subject of the vote has a present, direct impact on the family member. The trustee need not abstain from voting on general personnel policies or issues and need not abstain from voting on personnel policies that may or may not in the future impact the family member.