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Operations
Chapter 13. Finance
Effective Date: 09/29/2005

13.4. Endowment Investment Management

The Treasurer or a designee appointed by the Treasurer are authorized to invest Endowment Fund monies and securities in instruments of investment which meet the standards of the Board of Control policy on investments.

The following persons are authorized to give instructions and effect transactions with institutions holding any investments covered by this policy, subject to the restriction that any instruction to withdraw funds is limited to an instruction to remit the withdrawn funds to the credit of Michigan Technological University in another financial institution:

President Glenn D. Mroz
Provost and Vice President for Academic Affairs David D. Reed
Treasurer Daniel D. Greenlee
History
Prior: 08/11/78
07/18/80
01/28/82
09/24/82
01/19/89 Changed persons authorized to effect transactions
01/31/92 Changed persons authorized to effect transactions
01/21/94 Changed persons authorized to effect transactions
08/03/2000 Changed Executive Vice President and Provost title to Provost and Senior Vice President for Academic and Student Affairs
10/11/01 Changed persons authorized to effect transactions
Adopted: 09/29/2005 Changed persons authorized to effect transactions
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