SAMs Rescinded on June 1, 2007

The following System Administrative Memorandum was rescinded by the Chancellor as official system policy on June 1, 2007:
SAM Number and Name Reason for Rescission
SAM 01.C.06 Bonding of Employees During a recent review of SAMs, it was determined that the System purchases a crime policy providing similar coverage, and coverage limits knowledge was not needed by all System employees for day-to-day operations. The steps and responsibilities to be used by all System employees for reporting losses are now outlined in SAM 01.C.04, Reporting/Investigating Fraudulent Acts, making SAM 01.C.06 obsolete.

The rescinded document is no longer available at the Official System Administrative Memoranda website at .

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Policies and Procedures Coordinator
Kathleen Milford