1.04 Guiding Principle

As its guiding principle in the control and administration of the University, the Board of Curators conforms to thefollowing statement of policy:

It is a rather generally accepted opinion that the functions of the Board and of committees of the Board should be the consideration and approval of policies rather than the execution of these policies.

The Board may properly act either directly or through its committees on any question in which its legal responsibilities are involved or on matters affecting the  administration of invested funds. On other matters, the Board is expected to act through its constituted executive officers.

This principle does not preclude action of an advisory nature by the Board or by committees of the Board, but there should be no interference by the Board with the detailed administration of the University, and Curators should act in accordance with Bylaws and Rules of Procedure, Chapter II.

The Board should act either as a whole or through committees with specifically delegated power. It should be clear that the members of the Board have no power individually or personally to make decisions concerning the University except as that power has been specifically delegated to them by the Board itself.

The Board should have authority to make final decisions affecting the University without the necessity of having such decisions reviewed, and possibly reversed, by any higher agency.