2.1.3 Proper Execution of Transactions and Events

adopted: Nov-1975
last revised: Sept-2017

No employee shall engage in financial transactions on behalf of the College without proper authorization and the approval of the appropriate supervisor or budget manager in advance and in accordance with established procedures. This prohibition includes but is not limited to the following transactions:

  • conducting sales
  • direct invoicing
  • receiving payments
  • ordering or purchasing supplies and materials
  • renewing or initiating subscriptions or memberships
  • making travel registrations or reservations