Revision of University Policy 601.8, Appropriate Use of University Funds

Effective Date: 
Tuesday, May 2, 2017
Status: 
Revised

The rewritten University Policy 601.8, Appropriate Use of University Funds, clarifies defined terms and accounts for changes to the UNC Policy Manual Policies 600.2.4 and 600.2.4.1 that delegate to the Chancellor the authority to manage Institutional Trust Funds. Newly appended supplemental standards set forth more specific standards and procedures for specific uses of University funds, such as meals and entertainment; conferences and events; marketing and development; gifts, awards, and other payments; and student-oriented activities.