University of Rochester
EMERGENCY INFORMATIONCALENDARDIRECTORYA TO Z INDEXCONTACTGIVINGTEXT ONLY

Financial Authorization and Signature Policy

Authorizations / Required Signatures

Checks, Investments, Bank Accounts, etc.

AreaNon-Medical CenterMedical Center—All Divisions
  Limit Authorization Limit Authorization
Checks (Second Signature) >$25KController, Associate Controller or Treasury ManagerN/AN/A
Investments
  • Purchase and sale of securities
  • Donated investments
  • Stock distributions
  • Authority granted to investment agents
 ALLSr. VP Institutional ResourcesSAMESAME
Bank Accounts ALLOnly opened on authority of Sr. VP & CFOSAMESAME
Debt
  • Bonds
  • Loans
 ALLOnly assumed by authority of Sr. VP & CFO and Board of TrusteesSAMESAME
Debt
  • Capital Leases
 ALLSee Lease section and definitionsSAMESAME
Electronic Funds Transfers ALLAssociate Controller or Treasury ManagerN/AN/A
Last modified: Monday, 24-Apr-2006 15:08:25 EDT