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3.000 Legal Basis for the Board of Trustees

3.100 Election of Members of the Board

3.200 Powers and Duties

3.300 Funding and Financial Support

3.310 Cash Bank Demand Deposit Accounts

3.400 Trustee Ethics

3.500 Bylaws

3.600 Freedom of Information

3.310 Cash Bank Demand Deposit Accounts


Policy Number: 3.310 

Subject: Cash Bank Demand Deposit Accounts

Date Adopted: June 26, 1996, Revised October 26, 2011

All changes to the college's demand deposit operating account(s) (including the Unexpended Plant and the Debt Retirement Funds' accounts) require prior approval by the Board of Trustees. The College reserves the right to reassess these accounts, including the financial institution holding the accounts, at any time if it is determined that it would be in the best interest of the College.