Agency Funds are used to account for resources held by an institution as custodian or Fiscal Agent for individual, faculty, staff members and organizations. The most common types are "Funds Held On Deposit" such as club accounts. Dues or proceeds from sales are deposited into the account and authorized club expenses are paid from the account.
Each Agency Account must have a faculty or staff adviser and an Agency Agreement must be completed before the account can be set up and the first deposit made. To establish such an account, contact Business Services at 272-4435.
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