ARTICLE II of the Colgate University By-laws
Mission of the Board

The Board of Trustees of Colgate University derives its basic authority from the charter of the university, which established the size of the Board and enumerated certain powers which the Board possessed. The Board has the power to manage the business and undertakings of the University and to carry out any other functions permitted by the charter or these Bylaws except insofar as such powers may be limited by law.  These powers include, but are not limited to, the following:

(1) To appoint or remove the President and the officers of the Board of Trustees and approve the appointment of the Provost of the University in accordance with these Bylaws;

(2) To approve the awarding of degrees upon recommendation of appropriate officials of the University;

(3) To authorize the awarding the honorary degrees in accordance with appropriate procedures and processes;

(4) To approve the appointment, promotion and awarding of tenure to members of the Faculty;

(5) To establish and review the basic educational programs and policies of the University;

(6) To establish annually the budget of the University upon presentation by the President of the University and recommendations of the Budget Committee of the Board;

(7 )To authorize the purchase of sale of land, buildings or other major assets of the University;

(8) To authorize construction and major renovation of buildings for the use of the University or demolition of same where appropriate;

(9) To institute, promote and support major fundraising efforts of the University;

(10)To approve student charges for tuition, room, board and special fees;

(11) To authorize appropriate officials or agents of the University to accept gifts on behalf of
              the University;

(12) To authorize the incurring of debts by the University and the pledging of necessary security for those debts.