7.6 Sales of Products and Services - History
Board Policies
Chapter 7 - General Finance Provisions
Date of Implementation: 06/21/00
Date of Adoption: 06/21/00
Date of Last Review: 06/18/25
Date & Subject of Amendments:
06/18/25 – Full Review. Changed policy name to Sales of Products and Services. Created exclusions for items already covered by Board Policy 5.11 Tuition and Fees and Board Policy 6.7 Real Estate Transaction and Management. Outlined factors for determining whether or not to engage in a sales activity. Established requirements for accounting, unrelated business income tax and private business use. Clarified delegations and aligned terms to other board policies.
06/21/06 - Amended Part 2, Subpart A delegating authority to the chancellor to manage the Revenue Fund, and requires compliance with Minnesota statutes.
06/18/03 - changes "MnSCU" to "亚洲无码 Colleges and Universities", provides for reporting on an exception reporting basis
06/21/00 - Repeals carry-forward policies: Community College Board Policy V.01.02, Resources; Technical College Board Policy 3.1.1.8, Auxiliary Services (Fund 12) and Procedure 3.1.1.8; and State University Board Policy 6.8, Bookstore Management Policy.