(1) With the advice and recommendations of the council, the board shall adopt policies and procedures for the administration of the fund.
(2) The policies and procedures shall give consideration to:
(a) The promotion of basic research of the highest caliber within our public universities;
(b) The identification of areas of inquiry which should be supported so as to recognize both the intrinsic value and extrinsic economic value of basic research;
(c) The capacity of each university to decide where basic research moneys could best be spent within that university;
(d) Administrative and accounting requirements which place upon the university receiving moneys from the fund a minimum burden sufficient to guarantee an appropriate degree of public accountability; and
(e) Methods of assuring nondiscriminatory access to the fund. [1983 c.429 §9]Section: Previous 351.770 351.780 351.790 351.800 351.810 351.820 351.830 351.840 351.865 351.870 351.875 351.880 351.885 351.890 351.990 Next
Last modified: August 7, 2008