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Investments

The Board of Trustees authorizes the President of the College, upon the advice of the Finance Committee, to invest from time to time what surplus funds may be on hand. The President and the Controller are authorized individually to sell, assign and endorse for Transfer certificates representing stock, bonds or other securities now registered or hereafter registered in the name of Isothermal Community College or in the name of the Polk County Campus, Isothermal Community College Building Fund. (Appendix Q)

Policy Number: 701-01-04BP

Adopted: April 1965

Amended: November 2, 1965; February 1983; May 1984; November 1986; November 1987; November 1989; July 1993; February 1995; August 2005