Foundation Credit Card Policy
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Policy Title | Foundation Credit Card Policy | ||||||||||||
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Approval Date | August 6, 2010 | ||||||||||||
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Policy Statement | The Foundation will issue a corporate credit card to be used by approved individuals for business on behalf of the Fredonia College Foundation. The card is issued in the name of the Foundation and does not affect the individual’s credit rating. The following usage guidelines and parameters must be agreed to by the user of any corporate card:
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Consequences | Usage of the credit card for any personal business is strictly prohibited. If this should occur, the user must reimburse the Foundation for the full amount of the expense(s) incurred. A check must be made payable to the Fredonia College Foundation. | ||
Enforcement | The Executive Director of the Foundation approves the issuance of corporate credit cards. | ||
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Related Procedures | The following procedures related to the billing must be followed:
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