California Statutes
§ 89904.5. — 89904.5. (Added by Stats. 1982, Ch. 818, Sec. 1.)
California·Code EDC Education Code - EDC·Div. 8.·Title 3. DIVISION 8. CALIFORNIA STATE UNIVERSITY·Part 55. PART 55. CALIFORNIA STATE UNIVERSITY·Ch. 7. CHAPTER 7. Auxiliary Organizations·Art. 1. ARTICLE 1. General Provisions
The trustees shall, by July 1, 1983, develop and implement guidelines to ensure that auxiliary organizations classified as foundations for sponsored programs, workshops, and institutes maintain fiscal viability. These guidelines shall specify how reimbursement received by a foundation for indirect costs in connection with the performance of grants or contracts which exceeds the indirect costs actually incurred by the foundation for those grants or contracts shall be divided between the foundation and the campus of the California State University which the foundation serves, in a manner consistent with the educational mission of the university.
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California § 89904.5. (89904.5. (Added by Stats. 1982, Ch. 818, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1982, Ch. 818, Sec. 1.