Board of Visitors minutes October 5, 1990 | ||
DESIGNATION OF THE CORPUS OF THE COMPTROLLER'S ANNUITY TO
SUPPORT THE CENTER FOR PUBLIC SERVICE
- The following resolution was adopted:
- WHEREAS, the Board of Visitors established a quasiendowment fund to provide a supplemental retirement annuity for the former Comptroller of the University; and
- WHEREAS, the disposition of the residual of the annuity at the death of the Annuitant has not been established;
- NOW THEREFORE BE IT RESOLVED that the principal of the Common Fund Annuity be and it is hereby designated for the support of the Center for Public Service upon the death of the Annuitant.
Board of Visitors minutes October 5, 1990 | ||