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CvSU MANUAL OF OPERATIONS
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                                                 Rule VII. Public Disclosure

                   Section 1. Every official and employee, except those who serve in an official
                       honorary capacity, without service credit or pay, temporary laborers and
                       casual or temporary and contractual workers, shall file under oath their
                       statement  of  assets,  liabilities  and  net  worth,  and  a  disclosure  of
                       business  interests  and  financial  connections  including  those  of  their
                       spouses  and  unmarried  children  under  18  years  of  age  living  in  their
                       households, in the prescribed form.

                       a)  Contents of Statement

                       1.  The Statement of Assets and Liabilities and Net Worth shall contain
                          information on the following:

                          1.1   Real  property,  its  improvements,  acquisition  costs,  assessed
                                value and current fair market value.

                          1.2   Personal property and acquisition cost.

                          1.3     All other assets such as investments, cash on hand or in banks,
                                stacks, bonds and the like.

                          1.4   All financial liabilities, both current and long-term.

                       2.  The Disclosure of Business Interest and Financial Connections shall
                          contain  information  on  any  existing  interest  in,  or  any  existing
                          connections  with,  any  business  enterprises  or  entities,  whether  a
                          proprietor, investor, promoter, partner, shareholder, officer, managing
                          director,  executive,  creditor,  lawyer,  legal  consultant  or  advised,
                          financial or business consultant, accountant, auditor and the like, the
                          names and addresses of the business enterprises or entities, the dates
                          when such interest or connections were established, and such other
                          details as will show the nature of the interests or connections.


                       b)  When to File

                          The above documents under the code must be filed:

                          1.  within  30  days  after  assumption  of  office,  statements  of  which
                              must be reckoned as of his first day of service.

                          2.  on or before April 20 of every year thereafter, statements of which
                              must be reckoned as of the end of the preceding year.

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