### Question
How is the term conflict of interest defined?


### Answer
The term **conflict of interest** is defined in *7 U.S.C. § 6002* as the following:

> a situation in which a member has a direct or indirect financial interest in a corporation, partnership, sole proprietorship, joint venture, or other business entity dealing directly or indirectly with the Board

#### Citation:
  - *7 U.S.C. § 6002*
  - Heading: **CHAPTER 89-PECAN PROMOTION AND RESEARCH**

