Section 3358:5-11-01 - President's discretionary fund(A) The treasurer is directed to establish a president's discretionary fund for the purpose of receiving gifts or donations from individuals, agencies, firms or groups, and transfer of funds from the general operating budget.(B) Funds transferred from the general operating budget shall be used for expenditures that serve a public purpose.(C) Other funds shall be used for expenditures that promote the president's office and/or for activities which serve in the best interests of Clark state college.(D) The president and treasurer are authorized to cosign all withdrawals from said fund which shall be segregated in a separate bank account. Replaces: 3358: 5-11-10
Ohio Admin. Code 3358:5-11-01
Effective: 10/23/2015
Promulgated Under: 111.15
Statutory Authority: 3358
Rule Amplifies: 3358
Prior Effective Dates: 1/28/78, 7/1/98, 10/13/00, 3/18/15