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Investment Policy

Section I


To provide guidelines for the investment of idle cash funds.

Section II


The University will invest excess cash funds with the State Treasurer. Excess cash and investment levels will be reviewed periodically by a Senior Business Officer. The accounts in cash fund 1665a will be allocated investment earnings only if their average quarterly cash balance exceeds $10,000. Agency and deposit accounts are excluded from investment earnings. Earnings will be distributed quarterly on a cash earned basis.