It is the policy of the university that only the Executive Vice President and Chief Financial Officer and the Vice President, Finance and Treasurer shall have the authority to open bank accounts with university funds or to open bank accounts in the name of the university.
Reason for Policy
This policy is required to designate the university officers or employees who may open bank accounts in the name of the university.
Who is Governed by this Policy
Students
Staff
Faculty
Policy
Therefore, in accordance with Board of Trustee direction, no other officer or employee has the authority to open bank accounts with university funds or to open bank accounts in the name of the university.