and effectiveness of the Board of Regents and the University.

Prior to each Board meeting, the Executive Committee shall submit to the Board for ratification a complete record of all actions taken by the Executive Committee.

The President shall attend all meetings of the Executive Committee and shall serve as its administrative agent. The Secretary of the Board of Regents shall attend all meetings of the Executive Committee and shall serve as its Secretary.

Section 9.5: The Academic Affairs Committee shall be responsible for evaluating all recommendations affecting the academic and intellectual affairs of the University.

The President shall appoint a member of the University's administration to serve as the administrative agent to the Academic Affairs Committee.

Section 9.6: The Finance & Advancement Committee shall review, evaluate, and provide guidance on financial and administrative issues, including the biennial budget requests submitted to governmental agencies, the annual operating budget of the University for each fiscal year, and all other financial, administrative, and budgetary matters. The Committee shall also monitor the effectiveness of management’s system of internal controls to prevent and detect fraud; ensure open communications among management, internal auditors, external auditors, and the Board; recommend to the Board the

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