This is a sample company policy on delegation of authority, setting out general guidance and dollar limitations to which management and employees may commit the Company, the level(s) of management by which certain categories of commitments must be approved, and general procedures for requesting and obtaining such approval.
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The information in any resource collected in this virtual library should not be construed as legal advice or legal opinion on specific facts and should not be considered representative of the views of its authors, its sponsors, and/or ACC. These resources are not intended as a definitive statement on the subject addressed. Rather, they are intended to serve as a tool providing practical advice and references for the busy in-house practitioner and other readers.