![]() | Board of Visitors minutes June 15, 2001 | ![]() |
APPROVAL OF POLICY ON
SIGNATORY AUTHORITY ![next hit](https://xtf.lib.virginia.edu/xtf/icons/default/b_innext.gif)
WHEREAS, the Board has traditionally delegated authority for signing certain contracts and other documents to designated University officials;
WHEREAS, the 1982 policy on delegated signatory authority
requires updating as a
result of title changes and the addition of a Vice President for Finance;
WHEREAS, the 1982 policy on signatory authority
has been amended three times,
and is difficult to understand; and
WHEREAS, the authority to sign contracts with the Virginia College Building
Authority is an ongoing authority that should be included in the signatory
authority
policy;
RESOLVED that the Policy on Signatory Authority
, shown as Attachment B is
approved, and shall supercede all previous
signatory authority
resolutions and
policies for the areas covered by the policy; and
RESOLVED that the President is authorized to sign the Policy on Signatory
Authority
and disseminate it as a University Policy. The President is also
authorized, without prior Board approval, to make non-substantive updates and
revisions to the Policy as required.
![]() | Board of Visitors minutes June 15, 2001 | ![]() |