The UNC Policy Manual
600.1.2
Adopted 06/14/96
Amended 05/11/01
As a prerequisite to designation as bond counsel, a
law firm must either (a) certify that it is not now engaged in the
representation of any party who is, or who has given notice of its intention to
become, a party to any lawsuit in which the University, or a constituent
institution of the University, or an officer of the University named in his or
her official capacity is a party defendant, or (b) provide a list of instances
in which the law firm does represent a party with an adverse interest to the
University as described in (a) above. If
a law firm does represent a party with an adverse interest, then the President
will decide on a case by case basis whether or not to waive the conflict. For the duration of its service as bond
counsel to the University, the law firm must agree that it will not represent a
party with an adverse interest to the University as described above unless the
University, through the President, agrees in writing to waive the conflict.