209 Depository of Funds

209 Depository of Funds

P-209.1 The College checking account(s) will be maintained in an FDIC bank in the College District that is convenient for business operation. Other College funds will be placed in the bank or banks in the College District making the best bid.
P-209.2 Bank accounts will be opened and closed only by resolution of the Board of Trustees.

Content Owner: Human Resources
Issued: 08/1993
Revised: 02/2001

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