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Florida Administrative Code (Last Updated: April 18, 2024) |
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6. Department of Education |
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6A. State Board of Education |
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6A-25. Vocational Rehabilitation |
6A-25.020. Florida Endowment for Vocational Rehabilitation (Direct-Support Organization for Vocational Rehabilitation)
1(1) The Direct-Support Organization (DSO) of the Division shall adopt bylaws.
12(2) Bylaw provisions shall include, but are not limited to, the following:
24(a) Description of the DSO, including name and purpose;
33(b) Structure and organization;
37(c) Prohibited activities;
40(d) Board of directors, officers and committees;
47(e) Meetings and quorum;
51(f) Fiscal procedure; and
55(g) Amendment of bylaws.
59(3) The DSO’s board of directors shall provide for the receipt, deposit and withdrawal of all funds consistent with the following provisions:
81(a) Depository withdrawals shall be on numerically controlled checks. Checks of $25,000.00 or less, and that are reflective of amounts allowed per the adopted budget, need one signature. For checks over $25,000.00, two signatures are required. In both cases, signatories must be officers of the DSO’s board.
130(b) All funds received from all sources shall be deposited intact in a designated depository as soon as practicable and a record shall be kept to identify the payer, the amount, and the purpose. Funds received from state and federal sources shall be accounted for separately, but may be deposited in a bank account with other corporate funds except when the terms of such receipt require a separate depository account.
200(4) The DSO shall submit its annual budget to the Division Director or the Division Director’s designee for review no later than August 1 of each year.
227(5) For purposes of calculation of administrative costs as set forth in Section 240413.615(9)(j), F.S., 242the following definition applies: “Officers’ salaries” means the salaries of the individuals designated as officers in the not-for-profit corporation’s most recent Form 990, Return of Organization Exempt from Income Tax, Department of the Treasury, Internal Revenue Service and includes all persons vested with the management of the affairs of the DSO.
293Rulemaking Authority 295413.615 FS. 297Law Implemented 299413.615 FS. 301History–New 2-19-19, Amended 5-23-23.
