MONTANA BOARD OF REGENTS OF HIGHER EDUCATION
 Policy and Procedures Manual

 

SUBJECT:  COMPENSATION                                              

Policy 802.6 - Presidents' Salaries
 Effective January 16, 2003; Issued February 7, 2003

Board Policy:

No president or chancellor of a campus of the Montana University System shall accept compensation receivable by virtue of his service as president or chancellor from any source other than the campus which he serves, unless the Board gives specific prior approval for the compensation. "Compensation receivable by virtue of his service as president or chancellor" includes, but is not limited to, all personal benefits or compensation received from any entity organized, in whole or in part, to further one or more interests of the campus or the university system. Such entities include, but are not limited to, endowment foundations, research institutes, alumni associations, and booster clubs.

History:

Item 53-001-R0986, Presidents, Salary; Montana University System, October 14, 1986; as revised on January 16, 2003 (see System Issues, item h., January 16-17, 2003 meeting minutes).

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