What else do I need to know?
Definitions
Guarantee: To undertake to answer for payment of a debt, or performance of a contractual duty, of another person in the event of default by that person.
Lend: (1) To extend credit; or (2) to allow temporary use of money on condition of repayment whether or not in exchange for consideration, such as interest. The term lend does not include furnishing advances for expenses related to (1) the recipient’s duties as a member of the University Board of Trustees or an officer of the University or (2) the authorized indemnification of members of the University Board of Trustees and officers of the University.
Officers of the University: For purposes of this policy, the President, the Provost, the Treasurer, the Secretary and Assistant Secretary, all Vice Presidents, and all other persons appointed as officers by the University Board of Trustees from time to time.
Is there education available?
Training will be provided on an as-needed basis as determined by the Approval Authority or the Responsible Official.