Policy Information
Relationship to State
Effective
June 2007
Number
Applicability
This policy applies to the University of Louisville and its employees administrators faculty and staff
Administrative Authority
Vice President for Finance and Chief Financial Officer
Responsible Unit
Controller's Office
Service Complex, Louisville, KY 40292
Phone: 502-852-6164
Email: controll@louisville.edu
History
Revision Date(s): February 22, 2024
Reviewed Date(s): February 22, 2024
Categories
Statement
In financial matters, the University of Louisville, as an agency of the Commonwealth of Kentucky, must comply with applicable sections of:
a) Title VI, Financial Administration, Chapters 41 through 56, of the Kentucky Revised Statutes (KRS);
b) Model Procurement Code found in KRS 45A;
c) KRS 164A 550 - 630 (House Bill 622) known as the "University Management Bill", an act relating to financial management of state supported institutions of higher education; and
d) Regulations promulgated by the Finance and Administration Cabinet and Office of Kentucky State Treasurer.
Affiliated corporations, as defined by House Bill 622, are administered in accordance with policies and procedures that govern the University of Louisville. These affiliated corporations include, but are not limited to, the University of Louisville Research Foundation, Inc. and the University of Louisville Athletic Association, Inc.