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- Any student organization which receives funds from
fees assessed upon the members of the Association shall be required
to deposit all funds of that organization with the Students'
Organizations Fund and to comply with its rules and regulations.
This requirement shall be independent of, and in addition to,
any University regulations concerning the handling of student
organizations' monies.
- The Senate shall have the authority to specify the
conditions and terms under which, and the process by which, exemptions
from this requirement may be made, and to provide for the enforcement
of this requirement through appropriate sanctions. No exemption
shall be approved for a period longer than one fiscal year, nor
earlier than during the fiscal year preceding the one for which
the exemption is valid. The Senate shall retain the ultimate
authority over the approval, modification, and termination of
all exemptions.
- Any other student organization recognized by the University
may deposit its monies with the Fund, provided that it complies
with the Fund's rules and regulations.