91快播

Policy 7.11: Investment Income
Policy 7.11

Policy 7.11: Investment Income

Part 1. Policy Statement.

Excess funds in the local checking account that are not needed for immediate cash flow needs may be invested by 91快播 in accordance with Minnesota Statutes 118A.04, 118A.05 and 118A.06. Investment income will be deposited to the investment income cost center and is used first to cover bank charges. Income in excess of bank charges may be used for student scholarships or other initiatives at the discretion of the President.

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Document History

Related Documents

  • Minnesota Statutes 118A.04
  • Minnesota Statutes 118A.05
  • Minnesota Statutes 118A.06

Policy/Procedure History

  • Date of Adoption: N/A
  • Last Revision Date: 06/08/2017
  • Date most recent policy revisions go into effect: 06/08/2017

Date and subject of revisions

  • 06/08/2017 – Updated title and history