Risk Management

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Risk Management:

(Copied from the Delta Sigma Pi Risk Management Policy, 40th edition of the Manual for Pledge Education)

Introduction

The following risk management policy is intended to assist Delta Sigma Pi in reducing the exposure of the Fraternity to risk by taking actions designed to reduce the risk of acting in a negligent manner. It has been drafted after consultation with a wide variety of persons including attorneys, insurance brokers, staff executives of other fraternities and sororities and the volunteer leaders of Delta Sigma Pi.

Delta Sigma Pi is, above all else, a fraternity which bands together students and alumni with a common interest in the field of business. It is the professional nature of our Fraternity of which we are all most proud but, the fact that we are a fraternity presents societal concerns which we must face in a proactive rather than a reactive manner. We must evaluate our actions in each of these areas and be prepared to take positive and responsible actions to prevent negligence.

This policy is not a substitute for individual responsibility by all members of Delta Sigma Pi. This Risk Management Policy supersedes all previous policy statements in these areas and applies to all units of the International Fraternity of Delta Sigma Pi including collegiate and alumni chapters and house corporations. All pledge activities shall be in compliance with this policy.

Alcohol and Drugs

The Fraternity will take reasonable and good faith measures to assure that our Brothers and our guests abide by law and policy and that our actions reflect in a positive way on ourselves and on our Fraternity. As stated earlier, none of these actions can provide an adequate substitute for personal responsibility for risk on the part of those who opt to consume or to provide alcoholic beverages.

1. The possession, use and/or consumption of alcoholic beverages, while on chapter premises; during any Fraternity event whether local, regional, provincial, national or international in scope, or in any situation sponsored or endorsed by any chapter or by the Fraternity, must be in compliance with any and all applicable laws of the state, province, county, city, college and university.

2. No alcoholic beverages may be purchased using chapter, pledge class or Fraternity funds nor may the purchase of alcoholic beverages for members, pledges or guests be undertaken or coordinated by anyone in the name of or on behalf of the chapter.

3. The possession, sales and/or use of any illegal drug or controlled substance at any Fraternity event or on chapter premises is prohibited. The legal use of a prescribed drug is permissible.

4. No chapter may co-sponsor an event where alcohol is purchased by any host chapter, group or organization that does not comply with this policy.

5. Open Fraternity sponsored parties where alcohol is present are prohibited. Open parties are those events at which non-members are provided unrestricted access without specific invitation.

6. When alcohol is served at Fraternity events, one of the following options for conducting the event must be followed:

A. Service of alcohol on a no host, cash bar basis by a professional bartender, fully covered by liability insurance is preferred, or;

B. A Bring Your Own Bottle (BYOB) event may be held at which only members, pledges and invited guests of legal drinking age may bring and consume alcoholic beverages.

7. Regardless of the option chosen, the following general provisions shall apply:

A. No member or pledge, individually or collectively, shall purchase for, serve to, or sell alcoholic beverages to any minor (those under the legal drinking age).

B. Reasonable precautions will be taken by the chapter to prevent the excessive consumption of alcoholic beverages and to prevent the service of alcohol to underage persons by anyone.

C. Members and/or guests who arrive at an event in an intoxicated state shall not be admitted.

D. At each event, there shall be designated non-drinking members.

E. Non-alcoholic beverages shall be provided at each event.

F. The service of alcoholic beverages shall be cut off at a specific time which shall be established and clearly published in advance of the event.

G. No "drinking games" shall be permitted.

H. Kegs, party balls, quarter barrels, or any type of community alcohol shall not be permitted unless controlled by a professional bartender, fully covered by liability insurance, on a cash bar, no host basis.

I. No event shall be planned or promoted under the name of Delta Sigma Pi which is for the main purpose of consuming continued amounts of alcohol. For example: Pub crawls, progressive drinking parties or progressive themes, bar hopping events or competitive games involving alcohol (drinking Olympics).