Appendix A. Relevant Bylaws of the Regents
Spring 1992
Development Policy and Administration Manual
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RELEVANT BYLAWS OF THE REGENTS
BYLAW 8.
SPECIAL PROVISIONS RELATING TO REGENTS
8.2 Gifts, Contracts, and Grants.
Except when specifically authorized by the Board, no Regent
shall make or enter into any contract, commitment, or other
undertaking on behalf of the Corporation; accept or agree to
undertake the administration of any gift or grant offered to
the University or to the Corporation for the benefit of the
University; or undertake or agree to undertake the manage-
ment, disposition, or expenditure of any fund provided to be
used for the benefit of the University.
BYLAW 12.
RESPONSIBILITIES OF STANDING COMMITTEES
12.2 Committee on Educational Policy.
The Committee on Educational Policy shall:
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(e) Recommend to the Board policies relating to the securing
of gifts and endowments for the University and the accep-
tance, use, and allocation of such gifts and endowments,
except as otherwise provided in the Standing Orders, pro-
vided, however, that recommendations to the Board as to the
acceptance, use, and allocation of gifts of real property
shall be subject to the concurrence of the Committee on
Finance.
(f) Consider and recommend to the Board policies relating to
organized efforts to solicit grants, pledges, and gifts for
any University purpose from multiple sources such as indivi-
duals, firms, corporations, foundation, groups, and/or
organizations.
(g) Make recommendations to the Board with respect to the
naming of University programs.
12.3 Committee on Finance.
The Committee on Finance shall:
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(i) Except as otherwise provided in the Bylaws or the
Standing Orders, consider and recommend to the Board all
matters relating to the purchase, sale, or lease of real
property, and review and report to the Board on the recom-
mendations of the Committee on Educational Policy as to the
acceptance, use, and allocation of gifts of real property.
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12.4 Committee on Grounds and Buildings.
The Committee on Grounds and Buildings shall:
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(d) Make recommendations to the Board with respect to the
naming of University streets, roads, land reserves, build-
ings, major portions of buildings, major centers of activi-
ties, and other highly visible properties and facilities.
BYLAW 14.
MEETINGS OF THE BOARD AND COMMITTEES
14.6 Public Meetings; Closed Sessions.
Meetings of the Board, its standing and special Committees
or Subcommittees, shall be held in accordance with Sections
92030-92032 of the California Education Code which provides
in relevant part that:
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The Regents of the University of California may conduct
closed sessions when it meets to consider or discuss: .
. . (3) Matters involving gifts, devises, and bequests.
(4) Matters involving the purchase or sale of investments
for endowment and pension funds. . . . (6) The acquisi-
tion or disposition of property, if discussion of these
matters in open session could adversely affect the
regents' ability to acquire or dispose of the property on
the terms and conditions it deems to be in the best
public interest. . . .
BYLAW 21.
DUTIES AND RESPONSIBILITIES OF OFFICERS OF THE CORPORATION
21.3 Secretary.
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(f) The Secretary, acting alone, is authorized, in the name
of the Corporation, to enter into and execute the following:
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(2) All documents involving real estate transactions
which are necessary to implement programs or policies
approved by the President of the University or the
Treasurer of the Corporation in their respective areas of
authority and responsibility, provided, however, that the
following shall be subject to approval by the Board or by
a Committee thereof empowered to act (see also Standing
Order 100.4(cc)):
(aa) Documents affecting a conveyance of title to real
property other than those subject to approval by the
Treasurer in accordance with Bylaw 21.4(t) and 21.4(u)
and those subject to approval by the President in
accordance with Standing Order 100.4(hh) and Standing
Order 100.4(ii).
21.4 Treasurer.
(a) The Treasurer, in the name of the Corporation, shall
receive, either directly or from the President of the
University, all moneys of the Corporation subject to the
control and direction of the Board. All moneys received by
the University, whether by the Treasurer or by the Presi-
dent, shall be deposited forthwith to the credit of the
Corporation in depositary bank accounts approved by the
Committee on Finance.
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(h) The Treasurer is authorized to receive, either directly
or from the President of the University, on behalf of the
Corporation, funds, securities, properties, or other assets
distributed to The Regents of the University of California,
the University, or any department or division of the Univer-
sity from any estate, or received as gifts, or from any
trust, and to cause to be issued appropriate receipts and
releases in connection therewith; and is authorized to
receive and to issue receipts and releases for any funds or
other assets payable or deliverable to The Regents or the
University of California as a result of any court action.
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(l) The Treasurer is authorized to endorse checks and
warrants received by the Treasurer in the name of the
Corporation, but only for deposit in depositary bank
accounts of the Corporation.