Common Contracts
1 similar Custodial Fund Agreement contracts
New Custodial Fund AgreementCustodial Fund Agreement • May 2nd, 2016
As Custodian of this fund, I agree to accept the responsibility for the protection and proper use of this fund. I understand that I am covered by the university's Blanket Bond and that I will be held personally liable for losses except loss by theft if it is reported at once and the police investigation absolves me of negligence. To terminate my custodianship of this fund, I agree to contact IUPUI Accounting Records and Services for specific instruction. In no event will I transfer or assign these funds to my successor without submission of another signed agreement containing the appropriate signatures and approved by IUPUI Accounting. I have read and agree to abide by Indiana University Policy VI-560. I will submit written justification for the continued need for these funds on an annual basis to the Custodial Fund Coordinator in IUPUI Accounting Records & Services.
