System Procedures
Chapter 7 - General Finance Provisions
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Procedure 7.3.1 Accounting and Payroll
for Board Policy 7.3
State employees may contribute to college- and university-affiliated foundations through payroll deduction. Each president or designee is responsible for establishing an appropriate administrative process for payroll deduction management. Each foundation must petition the board for authorization to receive gifts through payroll deduction.
NOTE: As of the Board of Trustees Meeting on November 15, 1995, the authority to approve employee payroll deductions to college and university foundations was delegated to the Chancellor. See the following Board Action: Employee Payroll Deductions for Approved Nonprofit State College and University Foundations.
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| Date of Implementation: | 03/21/95, |
| Date of Adoption: | 03/21/95, |
| Date
& Subject of Revisions:
07/09/09 - Procedure language was reviewed by the Chancellor, no amendments were made. 06/21/00 - Contains language formerly in Board policy 5.3 There is no additional HISTORY for 7.3.1 at this time. |
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