Delegation of Signature Authority
University of Michigan
Office of Business Affairs
1110 Administration Building
Dearborn, MI 48128-2406
Definition of Signature Authority (Definition provided by UM Associate Vice President for Finance)
Delegation of authority represents the legal power to act in the name of the Regents of the University of Michigan or to bind the University of Michigan to an obligation or promise. The University is not bound by and does not recognize as binding any promise or obligation made by an unauthorized person. The purposes of SPG 601.24 are to standardize the signature and authority delegation process, define the explicit and implied expectations the University assumes the signer (or binding individual) has fulfilled and make publicly, easily available a means to determine who has the authority to obligate the University for a particular transaction or promise to an external organization. SPG 601.24 does not apply to those signatures or approvals required for processes internal to the University (e.g., time sheets, journal entries, purchase order requests, etc.).
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