INTER-FUND LOANS

The Board of Trustees may authorize inter-fund loans.

 

Procedure 3130C

INTER-FUND LOANS

The Board of Trustees may authorize inter-fund loans.

At the time of loan approval, the Board shall indicate what interest rate (if any) shall prevail and provide for the terms of repayment. All inter-fund loans shall be done by voucher. Three live signatures of Board Officers shall be required.

Adopted July 19, 1989
Reformatted April 19, 2010
Revised June 13, 2013