University of Virginia Library

Search this document 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
APPROVAL OF DELINQUENT ACCOUNTS POLICY
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


2148

APPROVAL OF DELINQUENT ACCOUNTS POLICY

The following resolution was adopted:

  • RESOLVED by The Rector and Visitors of the University of Virginia that the Vice President for Business and Finance be and he is hereby authorized to:
  • 1. Charge off as bad debts small balances up to $50.00, except for the University of Virginia Hospital Accounts which shall be governed by separate Board of Visitors resolution.
  • 2. Refer to the Board of Visitors any amounts (other than University of Virginia Hospital Accounts) $50.00 and over which are to be written off as bad debts.
  • 3. Refer to the President any amounts $50.00 and over which are to be compromised, settled, or discharged under current statutes.