Appendix A. Relevant Bylaws of the Regents Spring 1992 Development Policy and Administration Manual ************************************************************** 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: * * * (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: * * * (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. * * * 12.4 Committee on Grounds and Buildings. The Committee on Grounds and Buildings shall: * * * (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: * * * 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. * * * (f) The Secretary, acting alone, is authorized, in the name of the Corporation, to enter into and execute the following: * * * (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. * * * (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. * * * (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.