Board of Visitors minutes March 26, 1982 | ||
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.
Board of Visitors minutes March 26, 1982 | ||