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Policy 3.8.2
Policy 3.8.2
Policy and Procedures Manual
Classification Number: 3.8.2
Reviewed: August 14, 2017
SUBJECT: THE UTILIZATION OF REVENUE FROM MINERAL INTEREST
With respect to mineral interest owned by the university, income from horizons not producing as of January 1, 1994 will be utilized to increase the general endowment.
Contact for Interpretation: President
This policy statement supersedes all previous policy statements on this subject.
Revisions:
- 08/14/2017 - Reviewed, no changes
- 10/09/2016 - Review
- 03/22/2007 - Review
- 05/25/2004 - Reissue as 3.8.2
- 05/25/2004 - Revision-layout change
- 01/12/1994 - Inception as policy 1.2.17.1
Printable Policy 3.8.2
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