Title: Article X: Finances

Article X: Finances
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Title: Section 1.


The officers of USAC shall control all finances. There must be a budget each year as proposed by Article IV, section E.3. All funds must be spent on Council-approved events only. The transfer of power of controlling all funds shall be done on July 1, after the new officers have been appointed.

In the event of dissolution of the above-named organization, all unspent USAC funds shall remain property of the University of Richmond.

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