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            "text": "The above list of authorities is not exhaustive, and there may be other KSU policies that require Board authorization/approval for certain actions."
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            "text": "Fiduciary Oversight",
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            "text": "The Board acknowledges its statutory responsibilities pursuant to KRS 164.321, 164.350, 164.360, and KRS 164.365, and its fiduciary oversight responsibility in accordance with Kentucky law and best practices in university governance."
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            "text": "Emergency Actions",
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            "text": "In the event of an emergency, or if immediate action is determined to be in the best interests of KSU, and it is not feasible to convene a timely Board meeting, the President, after consultation with the Board Chair, is authorized to act on matters that would otherwise require Board approval under this policy, provided such actions are reasonably consistent with the President's authority."
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            "text": "Such emergency actions shall be reported to the full Board as soon as practicable for ratification. For purposes of this section, an “emergency” is a situation which creates or has the potential to create a significant threat to the health, well-being, or safety of KSU or the KSU community, or the fiscal and/or operational integrity of KSU."
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            "text": "REFERENCES AND RELATED MATERIALS:",
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                    "text": "Kentucky State University Board of Regents Bylaws (\"The Gold Book\")",
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                    "text": "KRS 164.321, KRS 164.350, KRS 164.360, KRS 164.365"
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                    "text": "KRS 164A.555–164A.630 (University Financial Management)"
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                    "text": "745 KAR 1:025, 745 KAR 1:035, 745 KAR 1:045, 745 KAR 1:0555, 745 KAR 1:060"
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            "text": "CONTACTS:",
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                    "text": "Subject\nPolicy Questions & Interpretation",
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                    "text": "Office\nGeneral Counsel",
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                    "text": "Telephone\n(502) 597-6414",
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                    "text": "E-mail\nZachary.Atwell@kysu.edu\\nGeneral.Counsel@kysu.edu",
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            "text": "HISTORY:",
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                    "text": "Revision Type\nIssued (New Policy)",
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                    "text": "Date of Issuance/Revision\nJune 2025",
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                    "text": "Drafter(s)/Editor(s)\nZach Atwell",
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