Other Long-Term Liabilities, Loans & Leases
Notes payable, leases (operating or capital leases) and other long-term debt (other than bonds).
This is a sub-set of the full Signature Authority Policy. Please be sure to review the Signature Authority Policy before proceeding.
Also refer to Business Policies & Procedures
Final Signature Authority:
- ≤ $500,000 Assistant Vice President for Business & Finance / Chief Investment Officer
- ≤ $1,000,000 Vice President for Business & Finance
- > $1,000,000 President
Additional Information and Requirements:
Legal counsel review required when agreements is > $250,000 and/or with a new lender.
Business Policies & Procedures: Capital Assets Management
Last Updated: July 6, 2010
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