A5000.35 Inter-Fund Loans

Operating Standard

Type: Administrative
Responsible:
Related Policies: A5000
Linked Procedures:
Related Laws:
Related Standards:
HLC Criterion:

 

Statement


The Board of Trustees may authorize the Treasurer by resolution to make inter-fund loans from any fund to any other fund maintained by the Board and to make necessary transfers therefore, but each such loan must be repaid and re-transferred to the proper fund at the close of the fiscal year.

New Policy:  July 2016

 

Change Log
Date Description of Change Governance Unit