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Type: University Policy
Division: Business Affairs
Classification: FINANCE & ADMINISTRATION

Contact Phone Number: 503-838-8201
Contact Email Address: BusinessOffice@wou.edu

TITLE
Revolving Charge Account Plan
POLICY NUMBER
FA-06-028
RESPONSIBLE OFFICER UNIVERSITY CONTACT
Vice President for Finance and Administration The Business Office
SUMMARY
APPLICABLE TO
Faculty, Staff and Students
DEFINITIONS
AUTHORITY
FULL STATEMENT OF AUTHORITY

POLICY STATEMENT

(1) Purpose Statement: Western Oregon University has established this rule to inform the general public of the University's policies governing its use of revolving charge accounts for all receivables due the university as permitted by OAR 580-040-0041.

(2) Eligibility: The following are eligible to participate in the Revolving Charge Account Plan:

(a) Current and past students, faculty and staff;

(b) Any other person or entity who incurs charges, fines, or penalties at Western Oregon University, including but not limited to library fines, parking fines, facility rental charges, program user charges, and lease agreements.

(3) Terms and Conditions: The terms and conditions of the Plan are set out in the document entitled, Western Oregon University Revolving Charge Account Plan, dated June 1994, which is hereby incorporated by reference into this permanent rule.

(4) Plan Participation: Participants in the Plan shall sign an agreement to abide by the terms and conditions of the Plan, including repayment as required thereby, provided that participants incurring debts arising from fines, penalties, and the like are not required to sign an agreement. A participant's acceptance of credit or a decision not to pay cash contemporaneously with a transaction shall obligate the participant to all of the terms and conditions of the Plan, even if the participant fails to sign an agreement.

[Publications: Publications referenced in this rule are available from the agency.]

REFERENCED OR RELATED POLICIES
RELEVANT DOCUMENTS AND LINKS
HISTORY
APPROVAL DATE:
EFFECTIVE DATE:
LAST UPDATED: 08/11/2016

HISTORICAL DETAIL NOTES:

Stat. Auth.: ORS 351 & ORS 352 

Stats. Implemented: ORS 351.070

Hist: WOSC 1-1994, f. & cert. ef. 8-12-94; WOU 3-2003, f. & cert. ef. 10-28-03



SOURCE:    Previously Referred to as: OUS OAR 574-095-0010
FOR POLICY WEBSITE INPUT (public audience keyword search)
revolving charge, account, Terms and Conditions

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