Signing Authority Policy

Carteret Community College establishes the following signatory authorities:

1. The Chairman of the Board and the President shall have the authority to sign contracts and other documents necessary for the operation of the College.
2. The President, the Chief Financial Officer, and/or Board members of the College who have been designated by the Board of Trustees shall have the authority to sign checks, bank drafts, and other financial documents and reports for the financial operation of the College.
3. A signature stamp, digitally produced facsimile signature, or similar devices may be used in signing checks and bank drafts in accordance with N.C. Gen. Stat. § 115D58.8. The Board charges the President with the custody of the necessary machines, stamps, plates, or other devices, and holds the President liable for any illegal, improper, or unauthorized use of them.
4. The Chief Financial Officer is authorized to sign Travel Authorizations for the President including excess lodging and registration fees.
5. The President may execute, or cause to be executed, instruments of payment, official orders, proclamations, resolutions, contracts, and other official documents with a facsimile signature in lieu of a manual signature. When utilized, a facsimile signature has the same legal effect as a manual signature
6. The President may designate other administrative personnel to sign contracts for short-term or part-time employment and official College documents on the President’s behalf.