Kentucky Administrative Regulations
Title 760 - NORTHERN KENTUCKY UNIVERSITY
Chapter 1 - Board of Regents
Section 760 KAR 1:040 - Delegation of financial management responsibility
Universal Citation: 760 KY Admin Regs Service 1:040
Current through Register Vol. 50, No. 9, March 1, 2024
RELATES TO: KRS 164A.560
NECESSITY, FUNCTION, AND CONFORMITY: KRS 164A.560 vests the responsibility with the governing board of a public institution of higher education to elect to perform financial management functions in accordance with KRS 164A.555 to 164A.630 by issuing administrative regulations. It also permits the board to delegate these responsibilities to an institution official. The function of this administrative regulation is to delegate responsibilities to the president of the university.
Section 1.
(1) The president of the
university shall be authorized by the Board of Regents of Northern Kentucky
University to perform the financial management functions specified in KRS 164A.565, 164A.575, and 164A.620.
(2) The president shall be responsible for
submitting to the State Property and Buildings Commission information and
requests for approval of any bond project approved by the Board of
Regents.
STATUTORY AUTHORITY: KRS 164A.555-164A.630
Disclaimer: These regulations may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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