CODE OF CONDUCT
FOR
OFFICERS AND EMPLOYEES

The Directors and Management of Mid-America Apartment Communities, Inc. (MAA or the Company), consider its greatest asset to be its people who represent and set the standards for the integrity, respect, and reputation of the Company. Officers and Employees are expected to maintain their personal and professional lives in an exemplary manner so as to reflect positively on the reputation of the Company.  The following Code of Conduct is intended to provide guidance for the exercise of personal judgment in the performance of your duties.

The purpose of the Code of Conduct is to deter wrongdoing, to promote honest and ethical conduct, including ethical handling of actual and apparent conflicts of interest, to promote full, fair, accurate, timely and understandable disclosure in public reports, to promote compliance with laws, rules and regulations, to promote prompt internal reporting of violations of this Code of Conduct and to provide for accountability for adherence to this Code of Conduct.  It is not practical to cover in this Code of Conduct all possible situations with which you may be confronted.  You must always make the choice of honesty to avoid even the slightest appearance of impropriety.  Violations of the Code of Conduct may result in suspension, written warning, probation, and/or discharge, depending on the degree of severity of the violation.  You also should be aware that criminal law covers a wide array of personal and business conduct, especially as related to financial institutions, and is designed to punish violators by fines and imprisonment.

Definitions

Immediate Family.  Immediate family includes an Officers or Employees spouse, parents, children, stepchildren, brothers, sisters, mother-in-law, father-in-law, grandparents, great-grandparents, grandchildren, great-grandchildren, sons-in-law, daughters-in-law, brothers-in-law, sisters-in-law, aunts, uncles, nieces, nephews, first cousins, and the respective spouses of any of them not otherwise included.  In addition, any other relative, whether by blood or marriage living in the same household with an Officer or Employee, is considered a member of the immediate family.

Thing of Value or Anything of Value.  A thing of value and anything of value are broad terms and include, but are not limited to, receiving credit at a favorable rate, receiving any type of property or any interest in property, using anothers property for your own purposes, and receiving any tangible or intangible personal property, real property, or interest therein, or cash or securities.  Receiving, soliciting, or obtaining a thing of value, or being offered a thing of value may be deemed a violation of this Code of Conduct whether done or received directly or indirectly.

Own or control.  A person will be deemed to own or control an institution if that person has the power to vote 25 % or more of the voting shares of an institution (or 10 % of the voting shares if no other person has more shares) or the ability to direct the management or policies of the institution.

Confidentiality

We owe a duty of confidentiality to our residents and to our Company.  Confidential information may include information about the Company, its management, prospects, strategic plan, processes, financial condition and operations.  Confidential information may also include information about our residents, including information about their financial situations, personal relationships, family or marital status,

Home        Intelligence        Services        Subscriptions        News        About Us

Contact Us       Terms of Use       Resend Documents       Shopping Cart

Copyright © 2008 The Consus Group LLC