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Chapter 17. Michigan Tech Fund

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17.2. Fund Authorization

Policy

Once a fund has been established at the Michigan Tech Fund for any department or office of the University, appropriate authorization must be given of who can authorize documents and/or access information and check requests or transfer on the funds. A Fund Authorization form must be on file at the Michigan Tech Fund.


Procedure

To establish fund authorization do the following:

  1. Complete a Fund Authorization Form, available by calling the Michigan Tech Fund finance department at 7-1930, or from the Web site <http://www.mtf.mtu.edu/resources/pages/forms.html>, with the following information:


    1. Fund Number


    2. Fund Name


    3. Date


    4. Department


    5. Purpose of Fund


    6. If completing the form to indicate the fund manager, complete the Fund Manager box on the form with the following information:


      1. Full name of fund manager


      2. Signature of fund manager


      3. Social Security Number of fund manager


      4. Limitations, restrictions (if any)


    7. If completing the form to indicate a designee (a person other than the fund manager), complete the Designee box on the form with the following information:


      1. Full name of designee


      2. Signature of designee


      3. Social Security Number of designee


      4. Limitations, restrictions (if any)


    8. Designated Michigan Tech Fund Employee for Interdepartmental Charges (required to complete) box on the form with the following information:


      1. Full name of designee


      2. Signature of designee


      3. Social Security Number of designee


      4. Limitations, restrictions (if any)


    9. Have the appropriate dean, department chair/director or immediate supervisor sign the form.


    NOTE: Complete one form for each fund.

  2. Return completed form to the Michigan Tech Fund finance department.

History
Adopted: 02/28/2001

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