Governance Approval Policy

Governance Approval Policy

Sensitive cooperative actions require trustee approval before execution.

High-risk actions normally require approval from at least two of the President, Treasurer, and Secretary. Critical actions normally require all three. The requester cannot approve their own request where separation of duties is required.

Some thresholds apply to withdrawals, loans, investments, and other actions. Approvals, rejections, cancellations, and executions are audited.