Financial Affairs Policies

VIII-5.20(A)

UMB Policy on Voting of Proxies in Investment Securities

Financial Affairs


Responsible VP/AVP

James L. Hughes, MBA


Applies to Staff


Policy Statement

BOR Policy VIII-5.20 describes the Chancellor's responsibility for voting all proxies for University of Maryland investment securities. The Chancellor will vote as the management recommends unless special consideration of University responsibility dictates otherwise.

For University of Maryland Foundation, Inc., investment proxies are handled by the various investment management firms.

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