CFR > Title 7 - Agriculture > SUBTITLE B—Regulations of the Department of Agriculture > CHAPTER XI—AGRICULTURAL MARKETING SERVICE (MARKETING AGREEMENTS AND ORDERS; MISCELLANEOUS COMMODITIES), DEPARTMENT OF AGRICULTURE (parts 1200 to 1291) > PART 1280—LAMB PROMOTION, RESEARCH, AND INFORMATION ORDER > SUBPART A—Lamb Promotion, Research, and Information Order (§1280.101 to §1280.238) > 1280.104—Conflict of Interest.

1280.104—Conflict of Interest.

Conflict of interest means a situation in which a member or employee of a board has a direct or indirect financial interest in a person that performs a service for, or enters into a contract with, a board for anything of economic value.