Policy Title: Collection of Debts
Policy Number: 6.4
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Purpose: The Board of Trustees recognizes the need for and requires the collection of all debts due and owing Eastern Wyoming College. The Board further recognizes that a formalized collection procedure assures that the collection of each debt has been pursued to the fullest extent and when a debt is certified uncollectible, formal procedures shall be established to discharge the debt as an account receivable or asset of the College.
The Board directs and delegates to the President the responsibility of developing and implementing a collection procedure for debts due Eastern Wyoming College.
Original Adoption Date: 11/09/93
Revision Date(s): 11/8/05 (RF) (RF), 2/11/14, 10/10/11 (RN)
Date reviewed, no change: