50.E - Authorized Signatures
Board Policy Code: 50.E
Revised/Readopted: 08/29/79, 07/08/81, 09/09/81, 07/07/84, 09/12/84, 09/11/85, 06/12/91, 07/14/99, 06/11/14
The Board of Education will, at its annual organizational meeting in July or at other times deemed necessary by the Board, authorize the specific employee of the district to sign district checks. The Board may authorize the use of facsimile signatures by those persons authorized to sign district checks.
Checks for $25,000 or less and the rent and payroll checks require only one signature, usually the president's.
Checks for more than $25,000, except payroll taxes and insurance, shall have two authorized signatures, the president’s and one Board member's, and in case of a long-term absence of the president, two Board members'.