| |
Southwestern
Community College - Policies and Procedures Manual |
| Policy
Title: |
Custody/Storage |
7.7 |
| Responsible
Division: |
Business
Services |
|
| Date
Approved: |
April
1997 |
|
| |
| 1. |
The
following policy is to be used when employees
of the college receive, handle, or in any
way come into custody of cash, checks, and/or
any other negotiable instrument on behalf
of the college or the student body.
| a. |
Detailed
records will be maintained of all funds
received, stored, or dispensed. |
| b. |
Other
than deposit in a financial institution,
all college or student funds to be held
overnight will be stored in one of the
two vaults which are located in the
office of Extension Education and Economic
Development in Founders Hall and in
the office of Administrative Services
in the Balsam Center. |
| c. |
College
employees who come into custody of funds
which are of a negotiable nature will
exercise precautionary measures sufficient
to ensure their security after 5:00
p.m. or at off-campus locations. |
| d. |
An
employee who fails to follow the above
described policy, or who is negligent
in the custody of the college or student
funds, may be held personally liable
if such funds are lost or stolen. |
|
|
|
Chapter
7 Table of Contents
Back
to Index
Back
to Policies and Procedures home page |
